ExxonMobil takes FID on Longtail gas and condensate project offshore Guyana

ExxonMobil reached a final investment decision (FID) on Longtail, the eighth development in the southeastern part of the Stabroek block offshore Guyana. The project targets non-associated gas and condensate-rich reservoirs.

Longtail will use an FPSO designed to process 1.2 bcf/d of gas and produce up to 250,000 barrels of condensate per day. About 45 subsea production and injection wells are planned. Start-up is expected in 2030.

ExxonMobil operates the block with a 45% interest. Hess holds 30% and CNOOC holds 25%.