Uaru Oil Project (Guyana)

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Uaru Oil Project is an in development oil project in Guyana.


The project consists of the following units:

Project Details

Main Data

Table 1: Project-level project details for Uaru Oil Project

*Final Investment Decision
Unit name Status Operator Owner Discovery year FID* year Production start year
Uaru In development[1] ExxonMobil[2] ExxonMobil (45.0%); Hess Guyana Exploration Ltd (30.0%); CNOOC (25.0%)[3] 2020[4] 2023[2][1] 2026 (expected)[1]

Production and Reserves

Table 2: Reserves of Uaru Oil Project

million bbl = million barrels of oil
Fuel Description Reserve Classification Quantity Units Data Year Source
oil recoverable reserves 1300 million bbl 2023 [2]
oil recoverable reserves 800 million bbl 2023 [1]

Table 3: Production from Uaru Oil Project

million bbl/y = million barrels of oil per year
Category Fuel Description Quantity Units Data Year Source
production design capacity oil 91.25 million bbl/y 2026 [2]
production design capacity oil 91.25 million bbl/y 2026 [1]

Location

Table 4: project-level location details for Uaru Oil Project

Concession/Block Location Coordinates (WGS 84)
Stabroek Block[1] Offshore, Guyana[5] 8.0068, -56.8277 (exact)[5]

The map below shows the exact location of the project:

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Background

The complex is targeting the Uaru, Mako and Snoek fields.[6]

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 1.2 1.3 1.4 1.5 https://web.archive.org/web/20240120044729/https://corporate.exxonmobil.com/news/news-releases/2023/0426_exxonmobil-guyana-advances-fifth-offshore-guyana-development. Archived from the original on 20 January 2024. {{cite web}}: Missing or empty |title= (help)
  2. 2.0 2.1 2.2 2.3 https://www.offshore-mag.com/home/article/14291315/top-5-projects-to-watch-operators-advance-field-development-plans. {{cite web}}: Missing or empty |title= (help)
  3. 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)
  4. https://web.archive.org/web/20240120054725/https://www.offshore-technology.com/projects/uaru-oil-field-development-guyana/. Archived from the original on 20 January 2024. {{cite web}}: Missing or empty |title= (help)
  5. 5.0 5.1 https://web.archive.org/web/20240120052031/https://oilnow.gy/featured/guyana-seeks-consultant-to-review-development-plan-for-exxons-giant-uaru-project/. Archived from the original on 20 January 2024. {{cite web}}: Missing or empty |title= (help)
  6. Dey, Shikema (2022-08-31). "ExxonMobil adds third reservoir target to massive Uaru development | OilNOW". Retrieved 2024-04-11.