ExxonMobil Guyana has commenced manufacturing at its fourth challenge within the offshore Stabroek block, named Yellowtail.
This new enterprise is predicted to considerably enhance the nation’s oil output and joins three different tasks already in operation.
The Yellowtail improvement’s infrastructure consists of one floating manufacturing, storage and offloading (FPSO) vessel named ONE GUYANA and a subsea manufacturing system.
At a water depth of 1,600–2,000m, the challenge is ready to fee 26 manufacturing wells and 25 injection wells to maximise oil extraction.
ExxonMobil Upstream Firm president Dan Ammann mentioned: “Yellowtail’s ahead-of-schedule start-up is a big milestone for ExxonMobil and the individuals of Guyana.
“With Guyanese making up greater than 67% of the nation’s oil-and-gas workforce and over 2,000 native companies engaged, this challenge displays our deepening roots within the nation and our shared dedication to long-term, inclusive development.”
The ONE GUYANA FPSO, a part of the Fast4Ward programme by SBM Offshore, is alleged to be the biggest FPSO within the Stabroek block so far and is moored in roughly 1,800m of water.
It’s designed to supply a mean of 250,000 barrels of oil per day (bopd) initially, with a storage capability of two million barrels (mbbl). The oil produced can be marketed underneath the identify Golden Arrowhead crude.
The FPSO’s capabilities embrace treating 450 million cubic toes of related gasoline per day and injecting 300,000 barrels of water per day to assist reservoir strain.
Trying forward, ExxonMobil Guyana anticipates that by 2030, the mixed manufacturing from eight developments will attain 1.7mbbl of oil equal per day.
ExxonMobil Guyana operates the Stabroek block with a forty five% curiosity, adopted by Hess Guyana Exploration with 30% and CNOOC Petroleum Guyana with 25% curiosity.
In a associated improvement, the Authorities of Trinidad and Tobago has reportedly awarded ExxonMobil exploration rights to an ultra-deep space comprising seven blocks.
This marks the corporate’s return to Trinidad and Tobago after greater than 20 years, with the blocks situated in waters with depths starting from 2,000–3,000m, north-west of the Stabroek block.
“ExxonMobil Guyana commences manufacturing at Yellowtail improvement” was initially created and printed by Offshore Expertise, a GlobalData owned model.
The data on this web site has been included in good religion for common informational functions solely. It isn’t meant to quantity to recommendation on which it’s best to rely, and we give no illustration, guarantee or assure, whether or not categorical or implied as to its accuracy or completeness. You will need to acquire skilled or specialist recommendation earlier than taking, or refraining from, any motion on the idea of the content material on our web site.
ExxonMobil Guyana has commenced manufacturing at its fourth challenge within the offshore Stabroek block, named Yellowtail.
This new enterprise is predicted to considerably enhance the nation’s oil output and joins three different tasks already in operation.
The Yellowtail improvement’s infrastructure consists of one floating manufacturing, storage and offloading (FPSO) vessel named ONE GUYANA and a subsea manufacturing system.
At a water depth of 1,600–2,000m, the challenge is ready to fee 26 manufacturing wells and 25 injection wells to maximise oil extraction.
ExxonMobil Upstream Firm president Dan Ammann mentioned: “Yellowtail’s ahead-of-schedule start-up is a big milestone for ExxonMobil and the individuals of Guyana.
“With Guyanese making up greater than 67% of the nation’s oil-and-gas workforce and over 2,000 native companies engaged, this challenge displays our deepening roots within the nation and our shared dedication to long-term, inclusive development.”
The ONE GUYANA FPSO, a part of the Fast4Ward programme by SBM Offshore, is alleged to be the biggest FPSO within the Stabroek block so far and is moored in roughly 1,800m of water.
It’s designed to supply a mean of 250,000 barrels of oil per day (bopd) initially, with a storage capability of two million barrels (mbbl). The oil produced can be marketed underneath the identify Golden Arrowhead crude.
The FPSO’s capabilities embrace treating 450 million cubic toes of related gasoline per day and injecting 300,000 barrels of water per day to assist reservoir strain.
Trying forward, ExxonMobil Guyana anticipates that by 2030, the mixed manufacturing from eight developments will attain 1.7mbbl of oil equal per day.
ExxonMobil Guyana operates the Stabroek block with a forty five% curiosity, adopted by Hess Guyana Exploration with 30% and CNOOC Petroleum Guyana with 25% curiosity.
In a associated improvement, the Authorities of Trinidad and Tobago has reportedly awarded ExxonMobil exploration rights to an ultra-deep space comprising seven blocks.
This marks the corporate’s return to Trinidad and Tobago after greater than 20 years, with the blocks situated in waters with depths starting from 2,000–3,000m, north-west of the Stabroek block.
“ExxonMobil Guyana commences manufacturing at Yellowtail improvement” was initially created and printed by Offshore Expertise, a GlobalData owned model.
The data on this web site has been included in good religion for common informational functions solely. It isn’t meant to quantity to recommendation on which it’s best to rely, and we give no illustration, guarantee or assure, whether or not categorical or implied as to its accuracy or completeness. You will need to acquire skilled or specialist recommendation earlier than taking, or refraining from, any motion on the idea of the content material on our web site.
