Houston — The ExxonMobil-operated Liza Phase 1 development offshore Guyana achieved its nameplate capacity output of 120,000 b/d in December and continues to produce at that rate, the top executive of Liza partner Hess Corp. said March 23. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The partners at the Stabroek Block where Liza is located, and where two additional developments in various stages of construction will lead to their production in 2022 and 2024, also foresee two more developments that will come online in 2025 and 2026, Hess CEO John Hess said at the virtual Scotia Howard Weil Energy Conference. The total five developments will underpin production estimates of more than 750,000 barrels of oil equivalent a day in 2026, John Hess said. “We continue to see multibillions of future exploration potential remaining” in Guyana, where the three partners including China’s CNOOC have made […]