Guyana the poster child for operational excellence is starting to show some signs of depletion and sand/water production. Maintaining an FPSO above 260,000 bopd for over 6 months is looking like an improbability. By September Exxon will have to purchase another company with substantial production and reserves. Who do you expect it to be?
3 replies (most recent on top)
Think your overestimating by 100,000 bopd. Guyana is coming off flush production so should be sub 870,000 bopd. And, once the Indian CRO open the chokes to maintain production expect all 3 FPSO that are at or over design capacity to start dropping -200 bopd ever single day..in 3 years a new FPSO will be needed to make up for legacy production declines
Doesn’t GP know all. Who runs that whole thing any way. Why don’t you guys just undermine everyone.
Wait until the oil and gas prices go way down and we are paying $100+ million a year on electricity to move natural gas in the Delaware Basin because someone thought electric motors are better than natural gas engines.