In January, three projects at the ExxonMobil-operated Stabroek Block offshore Guyana produced 18.7 million barrels of oil.
The projects collectively averaged 602,000 barrels per day (b/d). However, based on their individual peaks, the projects demonstrate the ability to produce collectively at 645,000 b/d.
The newly operational Payara project exceeded its target production of 220,000 b/d for the first time in January but averaged 200,000 b/d. The Liza 1 project averaged 152,000 b/d, demonstrating up to 161,000 b/d production. Liza 2 averaged 250,000 b/d and peaked at 254,000 b/d.
Exxon plans to take the Liza field offline for a few weeks in the second half of the year to hook up the Gas-to-Energy pipeline.
All the FPSOs currently in operation offshore Guyana have been built by Dutch floater specialist, SBM Offshore. ExxonMobil has a 45% operating stake in the Stabroek Block, while Hess has a 30% stake and China’s CNOOC has a 25% stake.
