Total offshore production from Guyana’s Stabroek Block has hit over 700,000 barrels of oil per day, President of ExxonMobil Guyana Limited Alistair Routledge confirmed at a press briefing this morning.
The start-up of the Yellowtail development is behind the spike. The project struck first oil on August 8.
According to Routledge, Yellowtail production was “around 740,000 barrels per day in September”. Production is now somewhere around 770,000 barrels per day.
Yellowtail is the fourth producing project offshore Guyana, joining Liza 1, Liza 2 and Payara. Together, the developments give the country more than 900,000 b/d of installed production capacity.
All four are situated in the prolific Stabroek Block, operated by ExxonMobil, along with partners Hess, recently acquired by Chevron, and CNOOC.
