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.

Smarter leaders trust GlobalData

Report-cover

Data Insights Yellowtail Upstream Project

Buy the Profile

Data Insights

The gold standard of business intelligence.

Find out more

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.

This content was updated on 14 May 2024

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.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

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.