With the repaired flash gas compressor system re-installed on the Liza Destiny Floating, Production, Storage and Offloading (FPSO) platform, oil production has returned to normal, Chief Operating Officer of Hess Corporation, Greg Hill has said.
Providing an update on its operations offshore Guyana during an earnings conference call yesterday, Hill said that the repaired flash gas compressor system has been installed on the Liza Destiny FPSO and is under testing. He said that its operator, ExxonMobil, is evaluating test data to optimize performance and is safely managing production in the range of 120,000 barrels of oil per day (bopd) to 125,000 bopd.
Hess has a 30% interest in the Stabroek Block. ExxonMobil holds 45% and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds 25 percent interest.
