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.
• Saipem: Detailed Engineering, Procurement, Construction and Installation (EPCI) of a large subsea production facility including approximately 130 km of flowlines, rigid risers, associated terminations and jumpers together with the installation of manifolds, flexible risers, dynamic and static umbilicals and flying leads.
• 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. Saipem: new subsea contract in Guyana and variation orders on ongoing offshore E&C contracts worth overall approximately 880 million USD
2. TechnipFMC Awarded a Large Subsea Contract for ExxonMobil Payara Development
3. FPSO Prosperity arrives at the Stabroek Block offshore Guyana
4. Chevron announces agreement to acquire Hess
5. ExxonMobil starts production at third offshore Guyana project