Public Event Detail
Daily oil production hits 900,000 barrels in Guyana's Stabroek block
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Event summary
ExxonMobil Guyana Limited and its co-venturers have achieved a new production milestone of 900,000 barrels of oil daily in Guyana's Stabroek block, driven by the successful ramp-up of the Yellowtail project and strong performance from other assets. The consortium has committed over US$60 billion to develop seven government-sanctioned projects, with production capacity expected to reach 1.7 million barrels of oil by 2030 from eight developments. This achievement underscores the collaboration between ExxonMobil, the Guyanese government, and partners in building a world-class energy sector.