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Exxon Boosts Guyana Production to 620kbd

OIL

ExxonMobil has added to Guyana production after staring production at Payara, the countries third offshore development in the Stabroek Block.

  • It takes Guyana’s total production to 620,000 bpd.
  • FPSO Prosperity is expected to reach initial production of approximately 220,000 bpd over the first half of next year as new wells come online.
  • The block is aimed to produce 1.2mn bpd by 2027, at which point, around 6 FPSO’s will operate in the Stabroek field – each producing ~250,000 bpd according to ExxonMobil.

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