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ExxonMobil Liza Project in Guyana

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  • Опубліковано 14 сер 2024
  • Guyana project overview
    ExxonMobil initiated oil and gas exploration activities in Guyana in 2008, collecting and evaluating substantial 3-D seismic data that led to the company safely drilling its first exploration well in 2015, Liza-1.
    The Liza prospect is located approximately 120 miles (193km) offshore Guyana in the Stabroek block, which is operated by ExxonMobil affiliate Esso Exploration and Production Guyana.
    Esso Exploration owns 45% interest in the block, while Hess Guyana Exploration owns 30% and CNOOC Nexen Petroleum Guyana owns the remaining 25%.
    Development of the Liza prospect will be done in phases. Esso Exploration submitted a plan for phase one of the field’s development to Environmental Protection Agency (EPA) Guyana in August 2016.
    The EPA issued an environmental permit and the Ministry of Natural Resources issued a production license for the Liza field in June 2017. The final investment decision for phase one was made during the same period.
    Phase one of the project is set to cost an estimated $4.4bn and will recover approximately 120,000 barrels of oil.
    First oil production from phase one is expected in 2020 and production for phase two is due in 2022.
    Liza prospect location
    The Liza prospect lies in the Stabroek block, which is spread over an area of 26,800km² (6.6 million acres) offshore Guyana.
    The Guyana Basin is a relatively unexplored area and very few drilling activities have been carried out to date.
    “Esso Exploration has submitted a plan for phase one of the field’s development to Environmental Protection Agency (EPA) Guyana in August 2016.”
    Previous exploration activities in the basin were carried out by other companies outside the southern boundaries of the Stabroek block in the 1970s.
    A total of 22 wells were drilled in the area, which all proved non-commercial.
    Despite the earlier unsuccessful drilling activities, initial seismic data and geologic analysis indicated the presence of oil and gas plays in the block.
    Based on this data, Esso Exploration commenced drilling activities in the Stabroek block, thereby becoming the first company to drill in the area since the 1970s.
    Geology and reserves
    The Stabroek block contains sediments of Amazonian origin, which were deposited by the Guiana Current.
    Seismic data collected in the region has indicated the presence of multiple play types, including Cretaceous and amplitude-supported plays containing stratigraphic on-laps, turbidites and basin floor fans.
    The Liza prospect is estimated to contain recoverable reserves of four billion barrels of oil equivalent.
    Liza prospect appraisal and well details
    Oil in the Stabroek block was discovered with the drilling of the Liza-1 well in May 2015, which encountered more than 295ft (90m) of oil-bearing sandstone reservoirs.
    The well was drilled by the Deepwater Champion 120 drillship.
    Esso Exploration drilled a second well known as Liza-2 in June 2016 approximately two miles (3.3km) away from the Liza-1 well in order to appraise the field.
    The well was drilled to a depth of 17,963ft (5,475m) by the Stena Carron drillship and encountered 190ft of oil-bearing sandstone reservoirs.
    ExxonMobil performed an extensive 3D seismic survey covering an area of 6,500 square miles following the drilling of Liza-2. Two seismic vessels were used to collect the data.
    Based on the seismic survey, a third appraisal well named Liza-3 was successfully completed in September 2016.
    The well confirmed the commercial viability of the Liza prospect.
    A fourth appraisal well, Liza-4, was drilled in March 2017. It encountered more than 197ft (60m) worth of high-quality oil column.
    In 2018, a fifth appraisal well, Liza-5, was drilled by the Stena Caron drillship. The well was tested and proved reserves in the northern part of the Liza field. The discovery at Ranger is expected to support the third phase of the field development.
    Phase one field development of the Liza prospect
    Esso Exploration is currently developing the pre front-end engineering and design (pre-FEED) aspects of the field.
    Contractors involved
    Seismic data specialist Spectrum supplied 2D seismic data for the evaluation of the Liza prospect. SBM Offshore was awarded the construction, installation and operation contract for the Liza Destiny FPSO vessel. The company was previously contracted to provide front-end engineering and design (FEED) services for the FPSO. TechnipFMC was awarded the engineering, manufacture and delivery contract for subsea production system equipment for phase one, while Saipem is providing the engineering, procurement, construction and installation services for the subsea umbilicals, risers and flowlines. Guyana Shore Base is providing shore base services, while a drilling services contract has been awarded to Noble Corporation. The company will be providing its Noble Bob Douglas drillship under a three-year contract commencing from the first half of 2018.
    See more at www.subsea.systems

КОМЕНТАРІ • 38

  • @chart7617
    @chart7617 3 роки тому +2

    I am glad to see that my country has the opportunity to be prosperous. Will definitely follow on FB. One semester left until I’m a Process Technician..

  • @richard594
    @richard594 5 років тому +5

    Everything seems to be efficiently run and in a chronological manner, hats off to everyone involved.

  • @alwynfrench1122
    @alwynfrench1122 4 роки тому +2

    I am proud of my country and the way things are taking shape in my hometown. Guyana stand tall, we're with you.

    • @naturalmystics-kd9vt
      @naturalmystics-kd9vt 4 роки тому +2

      Do not celebrate so fast look and see how much guyana people will benefit especially the poor

    • @strayedarticle7666
      @strayedarticle7666 2 роки тому

      natural mystics 2020 that’s what I want to know.I hear Guyana is the suicide capital of the world.I can’t imagine this is working out for them.

  • @nirmalaganesh4594
    @nirmalaganesh4594 Рік тому

    God's blessings!🙏🙏🙏🙏

  • @dhanrajmohan701
    @dhanrajmohan701 4 роки тому +1

    Public comments.guyana need to. Check on oil companies to insure no dumping feces or any form of waste in Guyana water. Remember Exxon mobile is recovering all expenses from Guyana and only give Guyana 1 + 2% on oil and what ever royalty . It is important for other countries to respect the fact that guyana water need to be cleaned and Free from pollution.

  • @dhanrajmohan701
    @dhanrajmohan701 4 роки тому +2

    Public comments.transparancy and accountability dealing with oil companies watch dog to insure transparency and accountability checks and balances. Trust is vital for Guyanese to get it's worth for oil.

  • @blowblode9907
    @blowblode9907 3 роки тому

    Look its a New way

  • @naturalmystics-kd9vt
    @naturalmystics-kd9vt 4 роки тому +4

    The main objective of the oil money should be use to make life of the poor people better and not to fill the rich bank books.

    • @ibot4329
      @ibot4329 2 роки тому

      If you give it to the poor, it will end right back to the rich. The best is to teach the poor how to use money.

  • @dhanrajmohan701
    @dhanrajmohan701 4 роки тому

    Public comments. Guyana water need to be pure .no dumping of any waste in Guyana water from anyone. Environment must be protect .

  • @dhanrajmohan701
    @dhanrajmohan701 4 роки тому

    Public comments .set up a drone and monitor oil and gas industry. Plus get special unit to over see the operation of oil and gas industry. Safety and security is vital for Guyanese people.

  • @godfreydamazefrederickorfr1544
    @godfreydamazefrederickorfr1544 3 роки тому

    DAMAZE GROUP: Guyanese Owned and Operated Oil & Gas Development contractors and Project Managers. www.damaze.ca

  • @Wazlonestar
    @Wazlonestar 4 роки тому

    I’m sure a lot of this money will be reinvested back in the Guyanese economy to eradicate poverty and crime. And build a better future for the future generations.

  • @dhanrajmohan701
    @dhanrajmohan701 4 роки тому +1

    Public comments.guyana need proper money for the oil . 2% and 1% is bit and pens for oil from oil companies Guyanese people need real money .cheep deal . currupion practice cause Guyanese people to loose millions of dollars.sad the truth will come out soon .

  • @gualbertoalarcon8729
    @gualbertoalarcon8729 3 роки тому

    Guyana will charge royalties and 50% net profit.

  • @donnanarine6044
    @donnanarine6044 4 роки тому

    Many say Guyana 🇬🇾 is poor, tell me what makes Guyana poor they are rich with gold, bauxite diamond, timbers lot's of land to do farming some I may forget it is only if the people of Guyana want to be poor I see great opportunities to be where I am today so don't be fool it all begin in your head how to be a positive person but many are negative from poor mind set

    • @penguinworldorder3545
      @penguinworldorder3545 4 роки тому

      Too many of us have ran away to the states guyana can be something if the people stand together but I dont think that will ever happen

  • @ianbynoe6515
    @ianbynoe6515 5 років тому +8

    Come on, just pump the frigging oil.

  • @dhanrajmohan701
    @dhanrajmohan701 4 роки тому

    Public comments. Global warming is everyone business it is important to improve the environment and clean energy.

  • @isleep5899
    @isleep5899 4 роки тому +1

    EXON THEY TAKE MOST OF WE OIL AND MONEY

  • @adrianpersaud5231
    @adrianpersaud5231 5 років тому

    How did you get footage of Liza Destiny?

  • @MiMapaVe
    @MiMapaVe 4 роки тому +1

    All in waters legally claim by Venezuela.. read the Geneva agreement of 1966. Any operations on the Esequibo or its waters does not give any right to Guyana until finish this issue...

    • @naturalmystics-kd9vt
      @naturalmystics-kd9vt 4 роки тому +1

      Only the edge of the water where the dry land end belong to you my friend guyana is poor too show kindness

  • @strayedarticle7666
    @strayedarticle7666 2 роки тому

    Let me guess,Exxon gets all the money.

  • @marinetsaavedra2015
    @marinetsaavedra2015 4 роки тому

    my name is FELIX where i can send my cv

  • @MXxx-uc8bh
    @MXxx-uc8bh 4 роки тому

    Exxon mobile great job your drilling and destroying the earths natural state , who is this oil going to after ? is the Guyanese people profiting from this ? Why don’t you introduce free energy technology or teach them how to make generators so they can power there towns and community’s . How is this helping the Guyanese people or the country ?