ExxonMobil Guyana has started production at Yellowtail, the fourth oil development in Guyana’s offshore Stabroek block. Yellowtail’s ONE GUYANA FPSO vessel joins the Destiny, Unity, and Prosperity FPSOs, bringing total installed capacity in Guyana to above 900,000 barrels of oil per day.
With more than 35 oil discoveries since 2015 the impoverished South American microstate of Guyana has emerged as the world’s hottest frontier drilling location.
ExxonMobil has made two new discoveries offshore Guyana at Seabob and Kiru-Kiru. These are the sixth and seventh in Guyana this year, with the total number of discoveries in Guyana at more than 25.