IRVING, Texas – ExxonMobil and its partners have scored three more commercial discoveries in the prolific Stabroek block offshore Guyana.
All are southeast of the Liza and Payara field developments. They follow the Fangtooth and Lau Lau discoveries earlier this year.
The Barreleye-1 well, drilled in 3,840 ft (1,170 m) of water, encountered 230 ft (70 m) of hydrocarbon-bearing sandstone.
Drilling at Patwa-1 delivered 108 ft (33 ms) of hydrocarbon-bearing sandstone in a water depth of 6,315 ft (1,925 m) of water.
Finally, the Lukanani-1 well penetrated 115 ft (35 m) of hydrocarbon-bearing sandstone in a water depth of 4,068 ft (1,240 m). Operations continue at Barreleye-1 and Lukanani-1.
These latest finds have increased recoverable resources from the block to around 11 Bboe.
As for the four sanctioned development projects, Liza Phase 1 is producing around 130,000 b/d via the Liza Destiny FPSO.
Liza Phase 2, which started production in February, is ramping up to the Liza Unity FPSO’s capacity of 220,000 b/d.
Payara should add 220,000 b/d: construction of its FPSO, Prosperity, is five months ahead of schedule with start-up now anticipated before year-end 2023.
The fourth project, Yellowtail, should contribute 250,000 b/d when the ONE GUYANA FPSO comes online in 2025
According to partner Hess, at least six FPSOs with a production capacity of more than 1 MMb/d should be operating on the Stabroek block in 2027, with the potential for up to 10 FPSOs to develop the presently proven resources.