Yellowtail is a conventional oil development located in ultra-deepwater in Guyana and is operated by Esso Exploration and Production Guyana. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Yellowtail was discovered in 2019, lies in block Stabroek, with water depth of around 6,046 feet. Buy the profile here.
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The project is currently in construction stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project was approved in 2022. The development cost is expected to be $9,000 m. The Yellowtail conventional oil development will involve the drilling of approximately 51 wells and includes FPSO, subsea manifold, and subsea trees.
Field participation details
The field is owned by China National Offshore Oil, Exxon Mobil and Hess.
Production from Yellowtail
Production from the Yellowtail conventional oil development project is expected to begin in 2025 and is forecast to peak in 2027, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2055.
Contractors involved in the Yellowtail conventional oil field
Some of the key contractors involved in the Yellowtail project as follows.
Design/FEED Engineering: McDermott International and SBM Offshore
Main EPC: Eni
EPC Contractors: SBM Offshore
Other Contractors: Hunting, McDermott International, Mattr, Amarinth and Bayphase
About Esso Exploration and Production Guyana
Esso Exploration and Production Guyana Ltd. (Esso Exploration and Production Guyana) is a company that explore and produce oil and gas products. The company is headquartered in Guyana.
For more details on the Yellowtail Conventional Oil Field, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
