ExxonMobil will be embarking on an assessment of the Liza Phase 1 Development reservoir results at the prolific Stabroek Block, where the Liza Destiny FPSO is currently producing oil offshore Guyana. The Noble Bob Douglas is currently drilling the...
The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said on Tuesday.
Development drilling began in May for the first of 17 wells planned for Phase 1, laying the foundation for production...
The Government of Guyana announced on June 15, 2017 that it had approved the ExxonMobil Liza Phase 1 development plan and had issued a Production License to the company.
ExxonMobil outlines the Liza Phase 1 project development description as follows:
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The Environmental Permit for ExxonMobil Guyana’s Liza Phase 1 project has been recalled and modified to include more stringent regulatory requirements are in place to address flaring in accordance with the Environmental Protection Agency (EPA)’s legislation.
A notice from the...
Guyana’s Ministry of Natural Resources MNR said on Friday afternoon that the decision to move ahead with the Liza Phase 1 development project – set to rake in an estimated 7 billion US dollars over its lifetime – was...
ExxonMobil spudded the first of 17 wells for the Liza Phase 1 development in Guyana on May 8 in what is being described as a landmark occasion by the company. The first well also happens to be a ‘producer...
The Liza Phase 1 development project will see a total of 17 wells being drilled, eight of which will produce oil, while six will be used for water injection and three for gas injection. Gas and water are reinjected to...
Approximately 450 million barrels of oil will be produced in the first phase of the Liza oil field development, 120 miles offshore Guyana.
The Liza Phase 1 development includes a subsea production system and a floating production, storage and offloading...
Exxon Mobil Corporation said Friday it has made a final investment decision to proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana. The announcement comes...