Production Rates | Offshore | Curtailment/Shut-In
Exxon Restricts Output at Stabroek Asset Offshore Guyana; 100,000 BPD Cap
Email
Print 
Bookmark
ExxonMobil is restricting oil output at its Stabroek asset offshore Guyana, according to a report by Reuters.
Currently, output is being capped at 100,000 BPD. The company cited problems with natural gas compression / injection as the cause for the restriction.
Exxon's jointly-developed Stabroek asset has turned out several discoveries since its inception. The company and its partners marked the 16th discovery at the block in January 2020.
This brought its total resource potential to over 8.0 billion BOE.
Exxon affiliate Esso E&P serves as operator and holds 45% interest in the Stabroek Block. Other E&Ps with a stake in Stabroek include Hess Corp. (30%) and CNOOC Ltd. (25% interest).
Related Categories :
Curtailment/Shut-In
More Curtailment/Shut-In News
-
Hurricane Delta Shut-In 1.5 Million Barrels (90%) of Gulf of Mexico Production
-
Gran Tierra Resumes Production, Operations as Oil Price Improves
-
Producers Idle GOM Production as Hurricane Sally Approaches
-
Crescent Point Ups 2020 Guidance as Production Resumes; Talks 2021 Outlook
-
Facilities Shut-In Along TX Gulf Coast as Hurricane Laura Descends
South America News >>>
-
Hess Corporation First Quarter 2023 Results -
-
Shell Fourth Quarter, Full Year 2022 Results -
-
Shell CEO van Beurden to Step Down; Wael Sawan Tapped as Successor -
-
APA Corp. Strikes Oil Offshore Suriname at Baja-1 Well; Dry Hole at Block 58 -
-
GeoPark Limited Second Quarter 2022 Results -
