ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru are the sixth and seventh in Guyana this year, with the total number of discoveries in Guyana at more than 25.
Seabob and Kiru-Kiru wells in Stabroek block are sixth and seventh discoveries in 2022.
The Seabob-1 well encountered approximately 40 m of high-quality hydrocarbon-bearing sandstone and was drilled in 1421 m of water by the Stena Carron drill ship. The Kiru-Kiru-1 well encountered approximately 30 mof high-quality hydrocarbon-bearing sandstone and was drilled by the Stena DrillMAX in 1756 meters of water. Drilling operations at Kiru-Kiru are ongoing.
Liam Mallon, president of ExxonMobil Upstream Company said: “ExxonMobil and its partners continue to accelerate exploration, development and production activities for the benefit of all stakeholders, including the people of Guyana. The resources we are investing in and discovering offshore Guyana will provide safe, secure energy for global markets for decades to come.”
The company’s 2022 investment plans include further exploration drilling and resource development in Guyana, where it is already increasing production at an accelerated, industry-leading pace. Two floating production storage and offloading (FPSO) vessels operating offshore Guyana — Liza Destiny and Liza Unity — have exceeded their initial combined production target of 340 000 bpd.
A third project, Payara, is expected to produce 220 000 bpd. Construction on its production vessel, the Prosperity FPSO, is approximately five months ahead of schedule with start-up likely before year-end 2023. The fourth project, Yellowtail, is expected to produce 250 000 bpd when the ONE GUYANA FPSO comes online in 2025.
Guyana’s Stabroek block is 26 800 km2. ExxonMobil affiliate Esso Exploration and Production Guyana Limited is the operator and holds 45% interest in the block. Hess Guyana Exploration Ltd. holds 30% interest, and CNOOC Petroleum Guyana Limited holds 25% interest.
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Read the article online at: https://www.oilfieldtechnology.com/exploration/27072022/exxonmobil-makes-two-more-discoveries-offshore-guyana/