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AMERICAS OIL: Exxon group's eighth Guyana project to produce up to 1.5 bcfd gas

AMERICAS OIL

Exxon group's eighth Guyana project to produce up to 1.5 bcfd of gas: Reuters

  • A consortium led by Exxon Mobil will produce up to 1.5 bcf/d of natural gas and 290,000 b/d of condensate through a floating production facility that will have capacity to export the fuel, the group told the government.
  • Longtail is seen as Exxon's most important gas development in Guyana to date as the government increases pressure to ramp up gas output and supply to a wide variety of projects, including petrochemical plants and liquefied natural gas.
  • The project will include up to 60 production and injection wells, according to the document.
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Exxon group's eighth Guyana project to produce up to 1.5 bcfd of gas: Reuters

  • A consortium led by Exxon Mobil will produce up to 1.5 bcf/d of natural gas and 290,000 b/d of condensate through a floating production facility that will have capacity to export the fuel, the group told the government.
  • Longtail is seen as Exxon's most important gas development in Guyana to date as the government increases pressure to ramp up gas output and supply to a wide variety of projects, including petrochemical plants and liquefied natural gas.
  • The project will include up to 60 production and injection wells, according to the document.