ExxonMobil Corp. has started drilling the first of 17 planned wells of Liza Phase 1 development offshore Guyana with production startup expected in 2020 (OGJ Online, Jun. 16, 2017).
Development drilling on Liza field on the 6-million-acre Stabroek block began in May. The company and its coventurers have so far discovered estimated recoverable resources of more than 3.2 billion boe on the block.
The Liza Phase 1 development includes a subsea production system and a floating production, storage, and offloading vessel, the Liza Destiny, designed to produce as much as 120,000 b/d of oil (OGJ Online, Jun. 22, 2017). Four subsea drill centers with 17 production wells are planned. Construction of the FPSO and subsea equipment is under way. A second FPSO with a capacity of 220,000 b/d is planned as part of Phase 2, and a third is under consideration for the Payara development. Together they will produce more than 500,000 boe/d, the company said.
Esso Exploration & Production Guyana Ltd. is operator with 45% interest. Hess Guyana Exploration Ltd. has 30% and CNOOC Nexen Petroleum Guyana Ltd. 25%.
Contact Mikaila Adams at [email protected].
