Set for Friday July 14, ERM Guyana Inc. will be hosting a virtual sensitisation session on ExxonMobil’s Whiptail project – the 6th Stabroek Block development.
The project was screened by Guyana’s Environmental Protection Agency (EPA) which determined that an Environmental Impact Assessment (EIA) is needed.
As a result, ERM Guyana (hired by ExxonMobil) will be undertaking an assessment of potential environmental and socio-economic impacts related to the project. For this reason, the session is being held in collaboration with the Georgetown Chamber of Commerce and Industry (GCCI).
“During the session they will address questions, discuss concerns, and clarify information related to the project and its Environmental Impact Assessment (EIA),” a notice said.
Whiptail will target 40-65 development wells, with production levels expected between 220,000 and 275,000 barrels of oil per day (bpd). A floating production, storage and offloading (FPSO) vessel will be used to produce the crude, with two million barrels of oil storage capacity. The project will offload crude to a tanker, every three to six days during peak production.
ExxonMobil has signed a memorandum of understanding with SBM Offshore, for construction of a multi-purpose floater hull.
First oil is expected between the fourth quarter of 2027 and the second quarter of 2028, for at least 20 years.
The project’s gas production capacity will be between 400 million and 640 million standard cubic feet of gas per day (mscfd). ExxonMobil does not plan to export the gas. It has proposed using some for fuel for the project, then reinjecting the rest to maintain reservoir pressure and improve oil recovery.
More than 1,400 persons are expected to benefit from direct employment over the life cycle of this project.
Whiptail is the last project on Exxon’s goal of six projects online by 2027 in the Stabroek Block. While the goal for this milestone was 1.2 million bpd, Whiptail will take production capacity to more than 1.3 million bpd.