Stabroek play offers an estimated 3.2 billion BOE
Liza Phase 1 Project
The Liza phase 1 development is approximately 120 miles offshore of Guyana in water depths of 5000-6200 feet. The play being developed is the Starbroek Block, which is estimated to hold more than 3.2 billion oil-equivalent barrels within its 6.6 million acres. Drilling began in May for the first of 17 wells that will serve as the foundation for production in 2020.

Location of Stabroek Block; Source: Hess Corporation

Exxon first announced the play in 2015, where they ...

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