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Hess Corporation

Start up the Yellowtail development

Deadline passed; outcome being checked

Announced
28 Apr 2021
Due
31 Dec 2025
Status
Checking
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“A fourth development, Yellowtail, has been identified on the Stabroek Block with anticipated startup in 2025”

What we found

The deadline has passed. We check for public evidence starting 30 days after the deadline, and repeat the check if nothing clear turns up.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

  • 1 versions
  1. Version 1 · original · stated 28 Apr 2021

    Deadline 31 Dec 2025 (“in 2025”) · wording expected

  2. Version 2 · stated 27 Apr 2022

    Deadline 31 Dec 2025 (“in 2025”) · target 250,000 bopd · wording expected

    “The ONE GUYANA FPSO is expected to have a capacity of up to 250,000 gross bopd, with first production expected in 2025.”

    Source for this version

  3. Version 3 · stated 30 Apr 2025

    Deadline 30 Sep 2025 (“third quarter of 2025”) · wording firm

    “Yellowtail, is on track to start up in the third quarter of 2025”

    Source for this version

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Project other
Indicative materiality
Low rules
Action
Start
Deliverable
Yellowtail development startup
Where
Guyana
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
High
Conditional
Yes: pending government approvals and project sanctioning
Depends on
Government, Partner

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. OutcomeNot yet assessed. Nothing is judged before the deadline.

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Report an error in this entry Reference: KI-C-2021-C004447-017577 · Corrections policy

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