Locations

Guyana

Learn more about our activities in Guyana.

Overview

ExxonMobil is now firmly established in Guyana, operating an office in Georgetown, with numerous ongoing exploration and development operations offshore. ExxonMobil Guyana has made 18 discoveries since May 2015 and begun production in December 2019 from the Liza Phase 1 development.

ExxonMobil is the operator of the Stabroek, Canje and Kaieteur Blocks offshore Guyana.

Guyana project overview

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About Guyana

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Business policies

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Careers at ExxonMobil Guyana

 
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Community and social responsibility in Guyana

At ExxonMobil, we seek to contribute to the social and economic progress of the country and local communities where we operate. We believe that maintaining a fundamental respect for human rights, responsibly managing our impacts on communities and making valued social investments are integral to the success and sustainability of our business.

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Guyana's environment

Environmental efforts in Guyana

ExxonMobil’s commitment to operating in an environmentally responsible manner is highlighted through our Corporate Environment Policy - Protect Tomorrow. Today. 

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Local content efforts

Using a multi-tiered approach, we focus on building workforce and supplier capabilities in conjunction with strategic investments in the local community. At ExxonMobil Guyana, this approach is called Local Content.

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News releases

ExxonMobil makes three new discoveries offshore Guyana, increases Stabroek resource estimate to nearly 11 billion barrels IRVING, Texas – ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. 

Newsroom News • April 26, 2022

ExxonMobil makes final investment decision on fourth Guyana offshore project IRVING, Texas – ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. The company’s fourth, and largest, project in the Stabroek Block is expected to produce approximately 250,000 barrels of oil per day starting in 2025.

Newsroom News • April 4, 2022

ExxonMobil starts production at Guyana's second offshore development IRVING, Texas – ExxonMobil today said it started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only seven years since the country’s first discovery. 

Newsroom News • Feb. 11, 2022

ExxonMobil makes two discoveries offshore Guyana IRVING, Texas – ExxonMobil today said it made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana.

Newsroom News • Jan. 5, 2022

ExxonMobil increases Stabroek resource estimate to approximately 10 billion barrels IRVING, Texas – ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels. 

Newsroom News • Oct. 7, 2021

ExxonMobil announces discovery at Pinktail, offshore Guyana IRVING, Texas – ExxonMobil today said it made a discovery at Pinktail in the Stabroek Block offshore Guyana. The Pinktail well encountered 220 feet (67 meters) of net pay in high quality hydrocarbon bearing sandstone reservoirs. In addition to successful appraisal of the Turbot discovery, the Turbot-2 well encountered 43 feet (13 meters) of net pay in a newly identified, high quality hydrocarbon bearing sandstone reservoir separate from the 75 feet (23 meters) of high quality, oil bearing sandstone reservoir pay encountered in the original Turbot-1 discovery well. This follows the additional pay in deeper reservoirs encountered at the previously announced Whiptail discovery. These results will be incorporated into future developments.

Newsroom News • Sept. 9, 2021

ExxonMobil announces oil discovery at Whiptail, offshore Guyana IRVING, Texas – ExxonMobil today said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling continues at both wells to test deeper targets, and results will be evaluated for future development.

Newsroom News • July 28, 2021

ExxonMobil announces new discovery at Longtail-3 offshore Guyana IRVING, Texas – ExxonMobil today said it made a discovery at Longtail-3 in the Stabroek Block offshore Guyana. Drilling at Longtail-3 encountered 230 feet (70 meters) of net pay, including newly identified, high quality hydrocarbon bearing reservoirs below the original Longtail-1 discovery intervals. The well is located approximately two miles (3.5 kilometers) south of the Longtail-1 well. It was drilled in more than 6,100 feet (1860 meters) of water by the Stena DrillMAX.

Newsroom News • June 9, 2021

ExxonMobil announces discovery at Uaru-2 offshore Guyana IRVING, Texas – ExxonMobil said today it made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana. Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels. Drilling at Uaru-2 encountered approximately 120 feet (36.7 meters) of high quality oil bearing reservoirs including newly identified intervals below the original Uaru-1 discovery. The well was drilled in 5,659 feet (1,725 meters) of water and is located approximately 6.8 miles (11 kilometers) south of the Uaru-1 well.

Newsroom News • April 27, 2021

ExxonMobil discovers hydrocarbons offshore Suriname IRVING, Texas – ExxonMobil and PETRONAS have discovered hydrocarbons at the Sloanea-1 exploration well on Block 52 offshore Suriname, adding to ExxonMobil’s extensive finds in the Guyana-Suriname basin. The well was drilled by operator PETRONAS, and the discovery is being evaluated to determine its resource potential.

Newsroom News • Dec. 11, 2020

ExxonMobil to proceed with Payara development offshore Guyana IRVING, Texas – ExxonMobil has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. Payara is the third project in the Stabroek Block and is expected to produce up to 220,000 barrels of oil per day after startup in 2024, using the Prosperity floating production, storage and offloading (FPSO) vessel.

Newsroom News • Sept. 30, 2020

ExxonMobil announces Redtail discovery offshore Guyana IRVING, Texas – ExxonMobil has made its 18th discovery offshore Guyana at the Redtail-1 well which will add to the previously announced estimated recoverable resource of more than 8 billion oil-equivalent barrels on the Stabroek Block.

Newsroom News • Sept. 8, 2020

ExxonMobil ups Guyana recoverable resources to more than 8 billion oil-equivalent barrels, makes discovery at Uaru IRVING, Texas – ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil-equivalent barrels and made a further oil discovery northeast of the producing Liza field at the Uaru exploration well, the 16th discovery on the Stabroek Block.

Newsroom News • Jan. 27, 2020

ExxonMobil discovers oil offshore Guyana at Mako-1 well IRVING, Texas – ExxonMobil said today it made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block.

Newsroom News • Dec. 23, 2019

ExxonMobil begins oil production in Guyana IRVING, Texas – ExxonMobil today announced that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments.

Newsroom News • Dec. 20, 2019

ExxonMobil announces oil discovery offshore Guyana at Tripletail IRVING, Texas – ExxonMobil said today it made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block.

Newsroom News • Sept. 16, 2019

ExxonMobil to proceed with Liza Phase 2 development offshore Guyana IRVING, Texas – ExxonMobil said today it has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals. Liza Phase 2 will produce up to 220,000 barrels of oil per day and further capitalize on the significant development potential of the Stabroek Block, where ExxonMobil estimates producing more than 750,000 barrels of oil per day by 2025.

Newsroom News • May 3, 2019

ExxonMobil announces 13th discovery offshore Guyana IRVING, Texas – ExxonMobil said today it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of approximately 5.5 billion oil-equivalent barrels on the Stabroek Block. Yellowtail-1 is the fifth discovery in the Turbot area, which ExxonMobil expects to become a major development hub.

Newsroom News • April 18, 2019

ExxonMobil announces two new discoveries offshore Guyana IRVING, Texas — ExxonMobil said today it made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12.

Newsroom News • Feb. 6, 2019

ExxonMobil begins drilling Haimara-1 exploration well offshore Guyana IRVING, Texas — ExxonMobil said today that it has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned wells in January.

Newsroom News • Jan. 7, 2019

Area 4 co-venture parties secure offtake commitments for the Rovuma LNG Project MAPUTO, Mozambique — Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, a key milestone enabling the participants to rapidly move toward a final investment decision in 2019 on the first phase of the Rovuma LNG project.

Newsroom News • Dec. 28, 2018

ExxonMobil increases Stabroek resource estimate to 5 billion barrels; Makes 10th discovery IRVING, Texas — ExxonMobil said today it made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels.

Newsroom News • Dec. 3, 2018

ExxonMobil adds ninth discovery offshore Guyana IRVING, Texas — ExxonMobil has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a new play concept for potential development.

Newsroom News • Aug. 30, 2018

ExxonMobil increases estimate for Guyana's Stabroek Block to 4 billion barrels IRVING, Texas — ExxonMobil said today it has increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to more than 4 billion oil-equivalent barrels and has advanced its evaluation to support a third phase of development and consideration of two additional phases.

Newsroom News • July 23, 2018

ExxonMobil Foundation invests US$10 Million in Guyana for research, sustainable employment and conservation IRVING, Texas & GEORGETOWN, Guyana — ExxonMobil Foundation said today that it will contribute US$10 million to a new collaboration with Conservation International and the University of Guyana to train Guyanese for sustainable job opportunities and to expand community-supported conservation.

Newsroom Article • July 2, 2018

ExxonMobil announces eighth discovery offshore Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) said today it made its eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block.

Newsroom News • June 20, 2018

ExxonMobil advances Liza Phase 1 Development IRVING, Texas — The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said today.

Newsroom News • June 12, 2018

ExxonMobil announces seventh oil discovery offshore Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) announced today its seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well.

Newsroom News • Feb. 28, 2018

ExxonMobil announces sixth oil discovery offshore Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) announced today positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015.

Newsroom News • Jan. 5, 2018

ExxonMobil announces fifth discovery offshore Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) today announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana.

Newsroom News • Oct. 5, 2017

ExxonMobil announces successful Payara-2 well offshore Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) today announced it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to approximately 500 million oil-equivalent barrels.

Newsroom News • July 25, 2017

Centre for local business development in Georgetown Georgetown, Guyana – Esso Exploration and Production Guyana Ltd, an affiliate of Exxon Mobil Corporation, announced today the establishment of the Centre for Local Business Development in Georgetown in collaboration with DAI Global, LLC.

Guyana June 26, 2017

ExxonMobil makes final investment decision to proceed with Liza Oil Development in Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) said today it has made a final investment decision to proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana.

Newsroom News • June 16, 2017

ExxonMobil announces new oil discovery offshore Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) announced today positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara.

Guyana News • March 30, 2017

ExxonMobil announces new oil discoveries offshore Guyana IRVING, Texas — ExxonMobil announced today positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza discovery.

Guyana News • Jan. 12, 2017

ExxonMobil awards key contracts for Liza oil development and production in Guyana IRVING, Texas — ExxonMobil subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), today announced that it has awarded contracts to SBM Offshore for a floating production, storage and offloading (FPSO) vessel, a key step in moving the Liza field toward first production.

Newsroom News • Dec. 20, 2016

ExxonMobil says second well offshore Guyana confirms significant oil discovery IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) today said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million and 1.4 billion oil-equivalent barrels.

Newsroom News • June 30, 2016

ExxonMobil announces significant oil discovery offshore Guyana IRVING, Texas—Exxon Mobil Corporation (NYSE:XOM) today announced a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana.

Guyana May 20, 2015

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