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The AAPG/Datapages Combined Publications Database
AAPG Special Volumes
Abstract
DOI: 10.1306/13742366MGF.15.3882
Chapter 15: Liza Field, Guyana: The Finding of a Stratigraphic Giant, from Early Exploration to Production
Abstract
In 2015, ExxonMobil and partners, Hess Guyana Exploration Limited and CNOOC Nexen Petroleum Guyana Limited (now CNOOC Petroleum Guyana Limited), drilled the Liza-1 wildcat well on the Stabroek Block, located offshore Guyana, in approximately 1750 m (5700 ft) of water depth and encountered more than 90 m (300 ft) of high-quality, oil-bearing sandstone reservoirs. Perhaps most notably, this discovery was in a basin that previously had greater than 40 dry holes testing at least four different play types. From the Liza-1 discovery well, subsequent appraisal wells, and additional exploration finds, the current gross recoverable discovered resources on Stabroek Block are at approximately 8 billion bbl (1.3 billion m3) from 18 discoveries as of late 2020, with a fast-tracked Liza development plan delivering first oil late in 2019, ahead of the original schedule.
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