ExxonMobil Guyana’s Payara development surpassed 100 million barrels this week, the company announced via LinkedIn.
“The Payara project started up just 15 months ago – it’s our third Guyana production project. Later this year, we look forward to starting up our fourth project, Yellowtail,” the company said.
Payara Development Fact Sheet | OilNOW
Dutch floater specialist, SBM Offshore, delivered the Prosperity floating production, storage and offloading (FPSO) vessel for Payara ahead of schedule for the project.
After starting production in November, the Prosperity FPSO achieved background flare in a record 39 days.
The Payara project reached its target production in two months, despite the expectation that it would take five. ExxonMobil and SBM Offshore learned from previous FPSOs, like the Liza Unity, which took five months to reach its target and has since been debottlenecked.
The FPSO design is based on SBM Offshore’s Fast4Ward® program which incorporates its new build, multi-purpose hull combined with several standardized topside modules. It is designed to produce 220,000 barrels of oil per day, has an associated gas treatment capacity of 400 million cubic feet per day and water injection capacity of 250,000 barrels per day. The FPSO is spread-moored in water depth of about 1,900 meters and can store up to 2 million barrels of crude oil.
