Payara Oil and Gas Field (Guyana)

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Payara Oil and Gas Field is an operating oil and gas field in Guyana.

Project Details

Main Data

Table 1: Field-level project details for Payara Oil and Gas Field

*Final Investment Decision
Unit name Status Operator Owner Discovery year FID* year Production start year
Payara Operating[1] ExxonMobil[2] ExxonMobil (45.0%); Hess Guyana Exploration Ltd (30.0%); CNOOC Nexen Petroleum Guyana Ltd (25.0%)[2] 2017[3] 2020[4] 2023[1]

Production and Reserves

Table 2: Reserves of Payara Oil and Gas Field

million m³ = million cubic meters million bbl = million barrels of oil
Fuel Description Reserve Classification Quantity Units Data Year Source
gas Resources 22313.46 million m³ 2021 [5]
liquids Resources 563 million bbl 2021 [5]

Table 3: Production from Payara Oil and Gas Field

million boe/y = million barrels of oil equivalent per year
Category Fuel Description Quantity Units Data Year Source
production design capacity hydrocarbons 80.3 million boe/y 2020 [6]

Location

Table 4: field-level location details for Payara Oil and Gas Field

Concession/Block Location Coordinates (WGS 84)
Stabroek Block[3] Offshore, Guyana[7] 8.2836, -56.9535 (exact)[7]

The map below shows the exact location of the field:

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Articles and Resources

Additional data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.

References

  1. 1.0 1.1 https://web.archive.org/web/20240120043354/https://investor.exxonmobil.com/news-events/press-releases/detail/1153/exxonmobil-starts-production-at-third-offshore-guyana. Archived from the original on 20 January 2024. {{cite web}}: Missing or empty |title= (help)
  2. 2.0 2.1 https://web.archive.org/web/20230519133526/https://corporate.exxonmobil.com/locations/guyana. Archived from the original on 19 May 2023. {{cite web}}: Missing or empty |title= (help)
  3. 3.0 3.1 https://web.archive.org/web/20230216142708/https://corporate.exxonmobil.com/locations/guyana/guyana-project-overview. Archived from the original on 16 February 2023. {{cite web}}: Missing or empty |title= (help)
  4. Jaxon Caine (45034). "Deepwater Roundup: Americas". Hart Energy. Archived from the original on December 11, 2023. Retrieved December 11, 2023. {{cite web}}: Check date values in: |date= (help)
  5. 5.0 5.1 Andrew Latham (2021) Giant fields of the decade: 2010–2020 . Report.
  6. https://web.archive.org/web/20230216142722/https://corporate.exxonmobil.com/news/newsroom/news-releases/2020/0930_exxonmobil-to-proceed-with-payara-development-offshore-guyana. Archived from the original on 16 February 2023. {{cite web}}: Missing or empty |title= (help)
  7. 7.0 7.1 https://web.archive.org/web/20230307040822/https://oilnow.gy/featured/exxonmobil-set-to-spud-liza-look-alike-in-first-campaign-at-guyanas-canje-block/. Archived from the original on 07 March 2023. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)