XOM Energy

ExxonMobil Guyana Begins Production at Fourth Offshore Guyana Project

Published August 08, 2025 at 01:19 PM

SPRING, Texas--(BUSINESS WIRE)--ExxonMobil Guyana started production today at Yellowtail, the fourth oil development in Guyana’s offshore Stabroek block. Yellowtail’s ONE GUYANA floating production storage and offloading (FPSO) vessel joins the Destiny, Unity, and Prosperity FPSOs, bringing total installed capacity in Guyana to above 900,000 barrels of oil per day. “Yellowtail’s ahead-of-schedule startup is a significant milestone for ExxonMobil and the people of Guyana,” said Dan Ammann, pres

Related Questions

What impact will this have on the company's net‑present‑value (NPV) and discounted cash‑flow models? What is the expected timeline for reaching full design capacity of the Yellowtail FPSO? What are the cost overruns or savings associated with the ahead‑of‑schedule startup? How could this development affect the pricing of related derivatives and ETFs linked to ExxonMobil? Are there any potential supply‑chain or operational risks that could affect the new FPSO's performance? How does the new 900,000+ bpd capacity compare to competitor production levels in the region? What are the implications for the company's long‑term reserves and production growth targets? How will this increase in Guyana output affect ExxonMobil's guidance and dividend outlook? What is the incremental production capacity from Yellowtail and its impact on total OPEX and cash flow forecasts? How will the start of production at Yellowtail affect ExxonMobil's (XOM) short-term stock price? What are the geopolitical or regulatory risks tied to the Stabroek block development? How might this news influence market sentiment toward the broader energy sector?