Liza Oil and Gas Field (Guyana)

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This article is part of the Global Oil and Gas Extraction Tracker, a Global Energy Monitor project.
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Liza Oil and Gas Field is an operating oil and gas field in Guyana.

Along with Lancetfish-2 Oil and Gas Field (Guyana) and Liza Deep Oil and Gas Field (Guyana), Liza Oil and Gas Field is a part of the Liza Oil and Gas Project (Guyana).

Liza Oil and Gas Field is also sometimes referred to as Liza 1, Destiny.

Project Details

Main Data

Table 1: Field-level project details for Liza Oil and Gas Field

1Final Investment Decision
Unit name Status Operator Owner Discovery year FID1 year Production start year Production type
Liza operating[1] ExxonMobil Guyana[2] ExxonMobil Guyana Ltd [45%]; Hess Guyana Exploration Ltd [30%]; CNOOC Petroleum Guyana Ltd [25%][2][2][2] 2015[3] 2017[4] 2019[5][6] conventional

Production and Reserves

Table 2: Reserves of Liza Oil and Gas Field

million m³ = million cubic meters
million bbl = million barrels of oil
Fuel description Reserves classification Quantity Units Data year Source
gas Resources 52131.6 million m³ 2021 [7]
liquids Resources 1300.0 million bbl 2021 [7]
oil Resources 500.0 million bbl 2022 [8]
oil Resources 450.0 million bbl 2023 [9]

Table 3: Production from Liza Oil and Gas Field

million bbl/y = million barrels of oil per year
Category Fuel description Quantity Units Data year Source
production oil 43.8 million bbl/y 2023 [6]
production oil 58.4 million bbl/y 2024 [1]
production oil 48.91 million bbl/y 2025 [1]
production design capacity oil 43.8 million bbl/y 2019 [10]

Location

Table 4: Field-level location details for Liza Oil and Gas Field

Concession/Block Location Onshore/Offshore Coordinates (WGS 84)
Stabroek Block[3] offshore, Guyana[11][12] offshore[13] 8.111, -56.928 (exact)[11][12]

The map below shows the exact location of Liza Oil and Gas Field:

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Articles and Resources

Additional Data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.

References

  1. 1.0 1.1 1.2 https://oilnow.gy/featured/liza-1-production-trending-back-to-nameplate-levels/. {{cite web}}: Missing or empty |title= (help)
  2. 2.0 2.1 2.2 2.3 "Daily oil production hits 900,000 barrels in Guyana's Stabroek block". ExxonMobil. 2025-11-12. Archived from the original on 2026-01-04. Retrieved 2026-01-08. {{cite web}}: Text "ExxonMobil Guyana" ignored (help)
  3. 3.0 3.1 https://web.archive.org/web/20230216142708/https://corporate.exxonmobil.com/locations/guyana/guyana-project-overview. Archived from the original on 16 February 2023. {{cite web}}: Missing or empty |title= (help)
  4. https://corporate.exxonmobil.com/news/news-releases/2017/0616_exxonmobil-makes-final-investment-decision-to-proceed-with-liza-oil-development-in-guyana. {{cite web}}: Missing or empty |title= (help)
  5. https://web.archive.org/web/20230519133526/https://corporate.exxonmobil.com/locations/guyana. Archived from the original on 19 May 2023. {{cite web}}: Missing or empty |title= (help)
  6. 6.0 6.1 https://petroleum.gov.gy/documents/natural-resource-fund-annual-report-2023. {{cite web}}: Missing or empty |title= (help)
  7. 7.0 7.1 https://archives.datapages.com/data/specpubs/memoir125/data/11_aapg-sp2150011.htm. {{cite web}}: Missing or empty |title= (help)
  8. https://www.spglobal.com/commodity-insights/en/news-research/latest-news/crude-oil/040422-exxonmobil-led-group-sanctions-yellowtail-oil-development-offshore-guyana. {{cite web}}: Missing or empty |title= (help)
  9. https://web.archive.org/web/20250514163009/https://oilnow.gy/news/a-timeline-of-exxonmobils-guyana-oil-development-projects/. Archived from the original on 14 May 2025. {{cite web}}: Missing or empty |title= (help)
  10. https://web.archive.org/web/20230224024517/https://corporate.exxonmobil.com/news/newsroom/news-releases/2019/1220_exxonmobil-begins-oil-production-in-guyana. Archived from the original on 24 February 2023. {{cite web}}: Missing or empty |title= (help)
  11. 11.0 11.1 "Eco Atlantic set to assume outright ownership of offshore Guyana block". Offshore Magazine. 2024-01-22. Archived from the original on 2025-10-16. Retrieved 2026-02-12.
  12. 12.0 12.1 https://web.archive.org/web/20230307040822/https://oilnow.gy/featured/exxonmobil-set-to-spud-liza-look-alike-in-first-campaign-at-guyanas-canje-block/. Archived from the original on 07 March 2023. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  13. https://www.naturalearthdata.com/downloads/10m-physical-vectors/10m-ocean/. {{cite web}}: Missing or empty |title= (help)