Green Car Congress

APRIL 28, 2022

ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. The three discoveries are southeast of the Liza and Payara developments and bring to five the discoveries made by ExxonMobil in Guyana in 2022.

Guyana 195

Guyana Water Oil Affordable 195

Green Car Congress

SEPTEMBER 13, 2021

ExxonMobil has made a discovery at Pinktail in the Stabroek Block offshore Guyana. These discoveries are part of an extensive well program in the Stabroek Block utilizing six drillships to test play extensions and new concepts, evaluate existing discoveries and complete development wells for the Liza Phase 2 and Payara projects.

Guyana 186

Guyana Oil Singapore Water 186

Green Car Congress

DECEMBER 24, 2019

ExxonMobil announced an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15 th discovery on the Stabroek Block. Drilling activities in Guyana continue with four drillships to further explore and appraise new resources as well as develop the resources within approved projects. Earlier post.).

Guyana 221

Guyana Oil 2019 2009 221

Green Car Congress

MARCH 17, 2020

ExxonMobil is looking to reduce spending significantly as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases. Woods said that ExxonMobil has faced numerous market downturns throughout its long history and has experience operating in a sustained low-price environment.

Papua New Guinea 186

Papua New Guinea Guyana Guinea Mozambique 186

Green Car Congress

AUGUST 9, 2023

Non-OPEC production growth in the forecast is led by the United States, Brazil, Canada, Guyana, and Norway. Non-OPEC production increases by 2.1 million b/d in 2023, which is partly offset by a drop in OPEC liquid fuels production. In 2024, global production increases by 1.7 million b/d, with 1.2 million b/d coming from non-OPEC countries.

Oil 370

Oil Oil Prices Global Price 370

Green Car Congress

JUNE 18, 2022

Canada’s growth is due in part to the Enbridge Line 3 crude oil pipeline expansion (760,000 b/d capacity), which became operational in October 2021. The remaining key sources of forecast non-OPEC production growth come from Norway, Argentina, Kazakhstan, Oman, and Guyana.

Brazil 259

Brazil Canada Oil-Sands China 259