ExxonMobil Boosts Guyana Oil Production to New Heights
5 Articles
5 Articles
ExxonMobil Boosts Guyana Oil Production to New Heights
Guyana’s oil producing capacity has just jumped to 900,000 barrels per day (bpd) after ExxonMobil launched production from Yellowtail, the fourth oil development in Guyana’s prolific offshore Stabroek block. Exxon and partners have found more than 11 billion oil equivalent barrels in the Stabroek block, where production was already above 660,000 bpd before the start of production at Yellowtail. By 2030, ExxonMobil expects to have total product…
Exxon’s fast-tracked vessel pushes oil targets forward
Image credit: Raymond Kotewicz on UnsplashAn Exxon Mobil-led consortium began production at a fourth floating production, storage and offloading vessel at the Stabroek Block in Guyana, bringing total capacity from the oilfield to over 900,000 barrels of oil per day, Exxon said. Read more...
ExxonMobil Begins Production at Fourth Offshore Guyana Project Amid Q2 Earnings Review
In a significant milestone for global energy production, ExxonMobil has commenced operations at its fourth major offshore development in Guyana, the Yellowtail project. This announcement comes on the heels of the company’s second-quarter 2025 earnings report, which showcased resilient performance despite challenging market conditions. As ExxonMobil continues to expand its footprint in one of the world’s hottest oil basins, investors are keenly w…
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