ExxonMobil has revised upward its 2025 crude oil production in Guyana on the back of its fourth deepwater project there. Under new estimates, Exxon expects to produce 800,000 bpd by 2025. And Guyana has even more optimistic projections for its crude oil production at 1 million bpd by 2027. Exxon’s fourth project, the Yellowtail project, will produce 250,000 bpd—the largest in Guyana, according to Exxon. Yellowtail will even produce more than Liza-1 and Liza-2, which lie just 19 miles to the northwest. Exxon’s previous Guyana production…
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