More than 30 discoveries offshore Guyana
![More than 30 discoveries offshore Guyana](https://eyesonsuriname.com/storage/2023/02/Exxon-Oil-Discoveries-Guyana.webp)
More than 30 discoveries offshore Guyana, ExxonMobil has a clear line of sight for the addition of six floating production, storage, and offloading (FPSO) vessels by 2027.
![](https://eyesonsuriname.com/storage/2023/02/hess-guyana-map.jpg)
Goal expected to see oil production exceeding 1.2 million barrels per day (bpd).
All projects are to be located in the Stabroek Block, in which ExxonMobil holds a 45% operating stake. Hess (30%) and CNOOC (25%) are its co-venturers.
eyesonsuriname
Amsterdam, 9 feb 2023–
Liza Phase 1
![](https://eyesonsuriname.com/storage/2023/02/liza-phase-I.jpg)
Field(s): Liza
- Resource: 450 million barrels of oil equivalent
- Development wells: 17
- First Oil: December 2019
- Oil Production Capacity: 150,000 bpd
- FPSO Oil Storage Capacity: 1.6 million barrels
- Offloading Frequency: Every 5 – 10 days
- Estimated Development Cost: US$3.6 billion
Liza Phase 2
- Resource: 600 million barrels of oil equivalent
- Development wells: 33
- First Oil: February 2022
- Oil Production Capacity: 230,000 bpd
- FPSO Oil Storage Capacity: 2 million barrels
- Offloading Frequency: Every 4 days
- Estimated Development Cost: US$6 billion
![](https://eyesonsuriname.com/storage/2023/02/Liza-2.jpg)
Field(s): Payara, Pacora
- Resource: 600 million barrels of oil equivalent
- Development wells: 35 – 45
- First Oil: 2023 (Expected)
- Oil Production Capacity: 220,000 bpd
- FPSO Oil Storage Capacity: 2 million barrels
- Offloading Frequency: Every 4 days
- Estimated Development Cost: US$9 billion
![](https://eyesonsuriname.com/storage/2023/02/Hess-1024x683.jpg)
Yellowtail
Field(s): Yellowtail, Redtail
- Resource: 925 million barrels of oil equivalent
- Development wells: 45 – 55
- First Oil: 2025 (Expected)
- Oil Production Capacity: 250,000 bpd
- FPSO Oil Storage Capacity: 2 million barrels
- Offloading Frequency: Every 4 days
- Estimated Development Cost: US$10 billion
Uaru
Field(s): Uaru, Mako, Snoek
- Resource: ~1.3 billion barrels of oil equivalent
- Development wells: 40 – 76
- First Oil: 2026 (Expected)
- Oil Production Capacity: 220,000 – 275,000 bpd
- FPSO Oil Storage Capacity: 2 million barrels
- Offloading Frequency: Every 4 days
- Estimated Development Cost: US$12.7 billion
![](https://eyesonsuriname.com/storage/2023/02/Discoveries-last.jpg)
Whiptail
Whiptail, Pinktail, Tilapia
- Resource: ~1 billion barrels of oil equivalent
- Development wells: 40 – 65
- First Oil: Late 2027 – Early 2028
- Oil Production Capacity: 220,000 – 275,000 bpd
- FPSO Oil Storage Capacity: 2 million barrels
- Offloading Frequency: Approximately every 3-6 days
- Estimated Development Cost: TBA
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