The new crude oil cargo lifted by the U.S. supermajor and its partners offshore Guyana is said to have been sold on the open market. According to shipping data from Marine Traffic, the Eagle San Antonio tanker is expected to arrive at Panama’s Chiriqui Grande port Feb. 10.
The Liza field was commissioned in late December and shipped its inaugural cargo – 1 million barrels of light, sweet crude – in January. Guyana’s first-ever oil export was sent to ExxonMobil’s refining network in the U.S. Gulf Coast.
ExxonMobil has said the field is currently ramping up production and will reach its full 120,000-barrel-per-day capacity in “coming months.” Liza Phase 1 is the first of multiple projects planned in the prolific Stabroek block.
By 2025, ExxonMobil expects to have at least five producing units pumping over 750,000 Bpd in the block. To date, the operator has announced 16 discoveries under its license, with resources of over 8 billion barrels of oil-equivalent. Other concession partners include Hess (30%) and CNOOC (25%).
