Payara Oil Field

Summary Information

• Operator: Exxon
• Country: Guyana
• Location: Stabroek Block, Offshore
• Production start:
• Partners: Esso - 45 %, Hess - 30 % and CNOOC - 25 %
• Type: Oil / Gas
• Estimated Reserves:
• Production Volume:

Description

• The development utilizes the Prosperity FPSO with production capacity of 220,000 gross barrels of oil per day
• Production will be ramped up until the middle of 2024, by adding more wells.

Contractors

• TechnipFMC: Manufacture and delivery of the subsea production system, including 41 enhanced vertical deep water trees and associated tooling, six flexible risers and ten manifolds along with associated controls and tie-in equipment.
• Keppel: FPSO integration and topsides manufacture

History

• 2023 - First oil produced
• 2023 - Chevron agreed to acquire Hess, becoming a partner
• 2023 - First oil produced

Links

1. TechnipFMC Awarded a Large Subsea Contract for ExxonMobil Payara Development
2. FPSO Prosperity arrives at the Stabroek Block offshore Guyana
3. Chevron announces agreement to acquire Hess
4. ExxonMobil starts production at third offshore Guyana project