ExxonMobil's Yellowtail development offshore Guyana is scheduled to commence production in August 2025. This project is the fourth in the Exxon-led Stabroek Block and will utilize the ONE GUYANA floating production, storage and offloading (FPSO) vessel.
The ONE GUYANA FPSO has been successfully moored after its arrival from Singapore. Yellowtail is designed to produce up to 250,000 barrels per day of crude, representing the highest initial production target among FPSOs currently operating offshore Guyana.
This addition will boost Guyana's national oil production capacity to over 900,000 barrels per day, significantly increasing ExxonMobil's output from the prolific Stabroek Block. The project is expected to contribute substantially to the consortium's earnings and cash flow growth.
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