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The discovery marks London-based Tullow’s first operated contribution to a long list of discoveries since 2015 in the emerging petroleum province. Expected to start up in mid-2022, Liza Phase 2 will produce up to 220,000 B/D of oil. Could 2019 be a bumper year for offshore energy development? Yellowtail-1 is the fifth discovery in the Turbot area, where ExxonMobil plans another Stabroek Block development hub. Conventional oil and gas discovered resources in 2019 are on pace to rise 30% from last year and reach their highest level since the beginning of the industry downturn.