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  • Statement regarding Guyana drilling and development activities
    édité le 27/12/2018 - Plus de news de "ExxonMobil" - Voir la fiche entreprise de "ExxonMobil"


Statement regarding Guyana drilling and development activities
ExxonMobil said that drilling and development operations offshore Guyana are unaffected by an incident involving seismic acquisition vessels on Saturday.

Two vessels operated by Petroleum Geo-Services ceased conducting 3-D seismic data acquisition in the northwest portion of the Stabroek Block offshore Guyana when approached by the Venezuela navy. The area where the incident occurred is more than 110 kilometers from the Ranger discovery, the closest of 10 oil discoveries made by ExxonMobil in the southeast section of the Stabroek Block.

Exploration and development drilling is continuing in the southeast area of the Stabroek Block. Activities related to the LizaPhase 1 development, which is expected to begin producing up to 120,000 barrels of oil per day in early 2020, are also unaffected.

ExxonMobil operates the Stabroek Block offshore Guyana under license from the government of Guyana. The acquisition of seismic data was being conducted under license from the government of Guyana in the country’s exclusive economic zone.

ExxonMobil estimates there is potential for at least five floating, production storage and offloading vessels (FPSO) on the Stabroek Block producing more than 750,000 barrels of oil per day by 2025.

Liza Phase 2 is expected to start production by mid-2022. Pending government and regulatory approvals, project sanction is expected in the first quarter of 2019 and will use a second FPSO designed to produce up to 220,000 barrels per day. Sanctioningof a third development, Payara, is also expected in 2019 with start up as early as 2023.

The Stabroek Block is 6.6 million acres (26,800 square kilometers). ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Nexen Petroleum Guyana Limited holds 25 percent interest.

About ExxonMobil

ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world.


Origine : Communiqué ExxonMobil

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