Development drilling at Payara well site ramps up as start-up date nears

Development drilling activities in the Stabroek Block have increased as operator ExxonMobil Guyana gears up to commission the Prosperity floating production, storage, and offloading (FPSO) vessel. 

According to the Maritime Administration Department (MARAD), the PY_1i2 Well Site is located approximately 104.8 nautical miles (194.1 kilometres) off the coast of Guyana and covers an area of 0.29 square nautical miles (1 square kilometre). 

The Noble Sam Croft will be engaged in the drilling activities which will conclude on August 31, 2023, and will be supported by 30 additional vessels. 

Exxon’s newly minted Prosperity FPSO for first annual inspection ahead of first oil | OilNOW 

The Prosperity FPSO arrived in Guyana waters back in April. 

It has production capacity of around 220,000 barrels of oil per day and oil storage volume of two million barrels.

Production from the Prosperity vessel is expected to push oil output offshore Guyana over 600,000 barrels a day in 2024. Two projects are currently in operation at the Liza field. They are all operated by ExxonMobil.