Liza Phase 1 Development Fact Sheet

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The Government of Guyana announced on June 15, 2017 that it had approved the ExxonMobil Liza Phase 1 development plan and had issued a Production License to the company.

ExxonMobil outlines the Liza Phase 1 project development description as follows:

  • Liza Phase 1 development is approximately 190 kilometers offshore in water depths of 1500 – 1900 meters
  • The development plan includes completion of a floating production, storage and offloading (FPSO) vessel designed to produce up to 120,000 barrels of oil per day.

  • Liza Phase 1 development will utilize a spread moored Floating Production Storage and Offloading (FPSO) vessel with an oil production capacity of 100,000 barrels per day
  • The FPSO facility will develop approximately 500 million barrels of oil from the Liza Field
  • FPSO has 60-80 personnel for routine operations
  • Tug assisted offloading to conventional tanker approximately every 5-10 days at peak production

  • Two drill centers are envisioned with 17 wells total: eight production wells; six water injection wells; three gas injection wells