The third oil platform in the Stabroek Block – the Liza Prosperity – is currently producing an average of around 100,000 barrels per day as it ramps up to the 220,000 nameplate capacity, Minister of Natural Resources Vickram Bharrat has said.
Giving an update on the floating, production, storage and offloading (FPSO) vessel that arrived in April of this year, Bharrat said that it is not yet at its capacity.
Constructed by SBM Offshore, the Prosperity will develop the Payara field in the offshore Stabroek block. It has an initial production capacity of around 220,000 barrels of oil per day and an overall storage volume of two million barrels, ExxonMobil has said.