Page 9 - LatAmOil Week 06 2022
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LatAmOil                                         GUYANA                                            LatAmOil


























                                            The Liza Unity FPSO arrived in Guyanese waters last October (Photo: SBM Offshore)


       Liza Unity hook-up nearly complete





                         EXXONMOBIL (US) and its partners in the   Payara field, including 20 production wells and
                         Stabroek offshore block have reportedly finished   21 gas-injection wells. The production wells
                         about 66% of all preparations for commercial   will transfer crude oil to the Prosperity FPSO,
                         operations at Payara, the third oilfield slated for   which will be capable of handling up to 220,000
                         development at the Guyanese licence area.  barrels per day (bpd). The total cost of executing
                           Greg Hill, the COO of ExxonMobil’s   the project, which will tap into a resource base
                         non-operating partner Hess (US), said during a   believed to hold 600mn barrels of oil, has been
                         fourth-quarter earnings call last week that work   estimated at $9bn.
                         on the project was proceeding on or ahead of   Payara will be the third development target
                         schedule on all fronts. The partners’ contractor   at Stabroek. The first target, Liza-1, came online
                         has already completed the hull for the Prosperity,   in December 2019 and is currently producing at
                         the floating production, storage and off-loading   the rate of about 120,000 bpd. The second, Liza-
                         (FPSO) unit that will be installed at Payara, he   2, is slated to start production next month and
                         said, and is continuing to build topside modules   will eventually yield 220,000 bpd. ExxonMobil
                         for the vessel in Singapore. The FPSO is still on   and its partners have installed the Liza Destiny
                         track to be finished in time to bring the field on   FPSO at Liza-1 and have already deployed the
                         stream in 2024 as planned, he stated.  Liza Unity FPSO at Liza-2.
                           Hill further went on to say that work on the   The group will also use an FPSO to develop
                         subsea umbilicals, risers and flowlines (SURF)   Yellowtail, their fourth development target,
                         system was actually ahead of schedule. He did   along with other additional fields. They may
                         not elaborate but reported that the partners   eventually be operating a fleet capable of han-
                         expected installation work to move forward   dling 1mn bpd, as Stabroek is home to more
                         later this year.                     than 20 fields with commercial hydrocarbon
                           ExxonMobil has said it intends to drill up   reserves and holds more than 10bn barrels of oil
                         to 41 wells in 1,800-metre-deep water at the   equivalent (boe) in total. ™



       Bayphase to perform Yellowtail FDP review






                         GUYANA’S government has named Bayphase   contract award on February 8. They noted that
                         Ltd, a UK-based consultancy, as the winner of a   Bayphase had beaten 11 other competitors in
                         contest for the right to review and evaluate the   the tender, which closed on January 20, after
                         $9bn field development plan (FDP) for Yellow-  submitting the second-lowest offer of $423,360.
                         tail, the fourth oilfield that ExxonMobil (US)   The officials did not say why the UK-based
                         and its partners are targeting at the Stabroek   consultancy had been chosen instead of the low-
                         offshore block.                      est bidder – Australia’s Neon-Blu, which offered
                           Officials in Georgetown announced the   to perform the review for $394,592.



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