Yellowtail is a conventional oil development located in ultra-deepwater in Guyana and is operated by Esso Exploration and Production Guyana . Discovered in 2019, Yellowtail lies in block Stabroek, with water depth of around 6,046 feet.
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 $10,000 m. The Yellowtail conventional oil development will involve the drilling of approximately 51 wells and includes FPSO, subsea manifold, and subsea trees.
Production from Yellowtail
Production from the Yellowtail conventional oil development project is expected to begin in 2025 and is forecast to peak in 2028, to approximately 1,46,116 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2067.
Remaining recoverable reserves
The field is expected to recover 854.16 Mmboe, comprised of 854.16 Mmbbl of crude oil & condensate.
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: Bayphase, Hunting, McDermott International, Noble and SBM Offshore
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.