Yellowtail Oil Field
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Summary Information
- Operator: Exxon
- Country: Guyana
- Location: Stabroek Block, Offshore
- Production start: Expected 2025
- Partners: Esso - 45 %, Hess - 30 % and CNOOC - 25 %
- Type: Oil / Gas
- Estimated Reserves:
- Production Volume:
Description
- The development plan for Yellowtail includes up to three drill ships drilling up to 67 wells, a Floating Production, Storage, and Offloading Vessel (FPSO), One Guyana FPSO and Subsea, Umbilicals, Risers, and Flowlines (SURF) production system, with tankers taking the oil to global markets
- The FPSO is expected to have a storage capacity of 2 million barrels, and the development could produce 250,000 bpd
- This project will develop both the Yellowtail and Redtail fields
Contractors
- TechnipFMC - Project management, engineering, manufacturing and testing capabilities to deliver the overall subsea production system. The scope of the project includes 51 enhanced vertical deepwater trees (EVDT) and associated tooling, as well as 12 manifolds and associated controls and tie-in equipment.
History
- 2019 - Yellowtail 1 discovered
- 2020 - Redtail and Yellowtail 2 discovered
- 2021 - Subsea contract awarded
- 2023 - Chevron agreed to acquire Hess, becoming a partner
Geology
- Yellowtail-1 encountered approximately 292 feet (89 meters) of high-quality oil-bearing sandstone reservoir and was drilled to a depth of 18,445 feet (5,622 meters) in 6,046 feet (1,843 meters) of water
- Redtail-1 encountered approximately 232 feet (70 meters) of high quality oil bearing sandstone and was drilled in 6,164 feet (1,878 meters) of water
- Yellowtail-2 encountered 69 feet (21 meters) of high quality oil bearing reservoirs
