-ExxonMobil and co-venturers
ExxonMobil Guyana and its Stabroek Block co-venturers, Hess and CNOOC, yesterday announced they had extracted 500 million barrels of oil from Guyana’s offshore Stabroek block and that plans were in place for daily production of 1.3m barrels by the end of 2027.
In a statement yesterday, ExxonMobil and its co-venturers said that “their industry-leading pace of development enabled this production milestone less than five years after Guyana became an oil-producing nation”.
ExxonMobil Guyana President Alistair Routledge said “Our unrivaled success in developing Guyana’s oil resources at an industry-leading pace, cost and environmental performance is built on close collaboration with the government of Guyana, as well as our co-venturers, suppliers and contractors”.
