ExxonMobil Guyana is the first and largest oil producer in Guyana, and is the operator of the Stabroek and Canje Blocks offshore. Over 30 significant discoveries have been made since May 2015, with production beginning in December 2019 from the Liza Phase 1 development.

2 days ago · Exxon’s subsidiary ExxonMobil Guyana Limited (EMGL) is the operator of the Stabroek Block, which covers an area of 6.6 million acres and is estimated to hold 11.6 billion barrels of oil. To date, Exxon has obtained approval from the Government of Guyana for six development projects in the Stabroek Block – Liza Phase One, Liza Phase Two ...

2 days ago · After the One Guyana FPSO, ExxonMobil is looking to deploy the Errea Wittu FPSO in the Uaru field in 2026, the Jaguar FPSO in the Whiptail field in 2027 and two unammed floaters in the Hammerhead ...

Jan 6, 2025 · Head of ExxonMobil Guyana Limited, Alistair Routledge has confirmed that 30 development wells will be drilled this year to support Yellowtail, Uaru and Whiptail, three massive oil projects offshore Guyana. During his interview on the Energy Perspectives Podcast on Sunday, January 5, Routledge rem

Apr 12, 2024 · SPRING, Texas – ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory approvals. Whiptail, the sixth project on the Stabroek block, is expected to add approximately 250,000 barrels of daily capacity by the end of 2027.

ExxonMobil is progressing plans for the Gas to Energy Project in cooperation with the Government of Guyana. Start up is expected by the end of 2024. A successful project has the potential to significantly reduce the cost of electricity in Guyana.

Sep 30, 2020 · ExxonMobil is evaluating additional development opportunities in the Stabroek Block, including Redtail, Yellowtail, Mako and Uaru resources, and plans to have five drillships operating offshore Guyana by the end of this year. As new projects proceed, investment in the Guyana economy increases.

Exxon Mobil reported $34 billion in earnings for 2024, supported by strong contributions from Guyana and Permian operations. Free cash flow exceeded shareholder distributions, reflecting ...

Jan 8, 2025 · With nearly $55 billion committed to the development of six government-sanctioned projects, ExxonMobil Guyana, a subsidiary of America’s oil major ExxonMobil, is going to remain hard at work during 2025 to develop the oil and natural gas resources at the Stabroek block off the coast of Guyana.

Nov 14, 2023 · SPRING, Texas--(BUSINESS WIRE)-- ExxonMobil started production today at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximately 620,000 barrels per day.