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Production from the Hibernia platform was shut down again on 17 August after its second oil spill in a month, while Husky Energy began to ramp up output from the White Rose field following the largest-ever spill off Canada’s easternmost province. The deal consists of stakes in nine shallow-water producing fields covering 108,000 gross acres in 10–50 m of water. Up to 55,000 BOE/D of output is expected from the ExxonMobil-operated Bajo del Choique-La Invernada block in the Argentine shale play, with a possible second phase producing up to 75,000 BOE/D. Expected to start up in mid-2022, Liza Phase 2 will produce up to 220,000 B/D of oil. Yellowtail-1 is the fifth discovery in the Turbot area, where ExxonMobil plans another Stabroek Block development hub.

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  Industry: Energy > Oil & Gas > Upstream (1.00)