Payara Development More Expensive Than Liza Phase 2

(Energy Analytics Institute, 1.Oct.2020) — The recently sanctioned Payara development located offshore Guyana in the Stabroek Block will demand a hefty $9bn development cost due to requiring more drill centers and wells than the Liza Phase 2 development, which implies lower per well productivity. ExxonMobil, operator of the Stabroek Block, […]

Exxon Reduces Guyana Crude Production

(Tudor Pickering, 16.Jun.2020) — Reports out last night that XOM was forced to reduce output at its Liza Phase 1 project in the Stabroek block offshore Guyana due to an issue with equipment designed to limit excessive flaring by reinjecting produced gas back into the reservoir. In order to comply […]

Q&A with Tudor Pickering’s David Pursell

(Energy Analytics Institute, Pietro D. Pitts, 18.Sep.2013) – Tudor Pickering Holt & Co. LLC Managing Director David Pursell spoke with Energy Analytics Institute in a brief interview from Dallas, Texas. What follows are excerpts from the brief interview. EAI: Are PDVSA’s CITGO assets along the US Gulf Coast strategic? Pursell: […]