ExxonMobil Guyana has submitted an Environmental Authorization Application for its eight project – the Longtail Project in the Stabroek Block.

The project, according to the company, has the capacity to generate in excess of a billion cubic feet of gas, in addition to more than 200,000 barrels of crude per day.

At a press conference today, the President of ExxonMobil Guyana, Alistair Routledge, said the company made its application to the Environmental Protection Agency (EPA) with the hope of securing the required approval.

“We have just submitted the Environmental Authorization Application for the eight project – the Longtail Project – which will start us into developing what is known as the non-associated gas resources. Longtail comes with a good amount of liquids,” the ExxonMobil Guyana President said.

He said the application kickstarts the gas field development project. However, he noted that the particulars of the project are still being finalized.

‘The Longtail Project is still a little bit early in the process of being finalized but we anticipate could be as high as 250,000 barrels per day of production capacity for the liquid side. This is more of a gas development, and we anticipate, it could be in excess of one billion cubic feet per day of gas handling capacity,” Routledge said.

The Field Development Plan is likely to be submitted in a year’s time.

Longtail was drilled back in 2018 when approximately 256 feet (78 meters) of high-quality, oil-bearing sandstone reservoir was discovered.

As it continues to advance development in the Stabroek Block, the oil giant this week also submitted its draft Environmental Impact Assessment to the EPA for the Hammerhead Project.

“So, on Hammerhead, the EIA indicated that we would be in the range of a 130,000 to 180,000 barrels per day. We are working to finalize the plan for that and the final target would be included in the FDP [Field Development Plan] when we submit that to the Government, which we anticipate doing in March, with the goal that, that is a project that is sanctioned in the middle of this year, continuing to support the ongoing investment in the country, and the investment in local content,” Routledge said.

Ahead of the submission of the Field Development Plan, Exxon is expected to hold public consultations on the EIA.

Routledge said less than five years after first oil, ExxonMobil has surpassed 500 million barrels of accumulative production across the Stabroek Block and now has the capacity to produce approximately 650,000 barrels of oil per day.

It is anticipated that production will increase later this year when the Yellowtail project begins producing oil using the One Guyana Floating, Production, Storage and Offloading (FPSO) vessel.

The Yellowtail Project is estimated to produce 250,000 barrels of oil per day.

In the interim, the company is looking to optimize production at its other operations within the Stabroek Block.

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