Whiptail 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, Whiptail was discovered in 2019, lies in block Stabroek, with water depth of around 6,217 feet. Buy the profile here.
The project is currently in construction stage and is expected to start commercial production in 2027. Final investment decision (FID) of the project was approved in 2024. The development cost is expected to be $12,700 m. The Whiptail conventional oil development will involve the drilling of approximately 48 wells and includes FPSO, subsea manifolds, and subsea treess.
Field participation details
The field is owned by China National Offshore Oil, Exxon Mobil and Hess.
Production from Whiptail
Production from the Whiptail conventional oil development project is expected to begin in 2027 and is forecast to peak in 2029, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2073.
Contractors involved in the Whiptail conventional oil field
Some of the key contractors involved in the Whiptail project as follows.
Design/FEED Engineering: SBM Offshore
EPC Contractors: Eni, SBM Offshore, China State Shipbuilding and Seatrium
Other Contractors: Vallourec, Strohm and TechnipFMC
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 Whiptail Conventional Oil Field, buy the profile here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.