Saturday, August 13, 2022

Payara development work progressing, will push output above 580,000 bpd

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Preparations are underway for ExxonMobil’s third oil production project offshore Guyana at the Payara field.

The Maritime Administration Department said in a notice the developmental area is situated approximately 102.27nautical miles (189.4 kilometers) from the Coast of Guyana and covers an area of 136.8 square nautical miles (469.3 square kilometer).

The first Payara development well was spudded in June 2021, and the offshore SURF installation got underway in the third quarter of the year.

Lifting of topsides begins for Guyana’s third FPSO

SBM Offshore aldo announced in June 2021 that it had completed the project financing for the Prosperity FPSO – for the Payara Development – which totals US$1.05 billion.

SBM Offshore project portfolio at record level with multiple Guyana FPSOs in play

The vessel will utilize a design that largely replicates the design of the Liza Unity FPSO which is based on SBM Offshore’s industry leading Fast4Ward program that incorporates the company’s new build, multi-purpose hull combined with several standardised topsides modules.

Liza Unity achieves pilot flare, new gas compression system for Liza Destiny – Exxon

This FPSO will be designed to produce 220,000 barrels of oil per day (bpd). This will add to the 220,000 bpd from Liza Phase 2 and the now optimized 140,000 bpd from Liza Phase 1, pushing total daily output beyond 580,000 bpd as more optimization work gets underway.

The Payara Development will see approximately 35-45 wells being drilled from 10 subsea drill centres, consisting of a combination of producers and injectors to support oil production.

The project will utilize onshore infrastructure which include shorebases, warehouses, storage and pipe yards, fabrication facilities, fuel supply facilities, and waste management facilities in Guyana.

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