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November 23, 2021

Yellowtail Conventional Oil Field, Guyana

By Carmen

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 approval stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2022. 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 Exxon Mobil, Hess and China National Offshore Oil.


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 146,116 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.

Other Contractors: Stena Drilling and TechnipFMC

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Methodology

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.

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