Green Car Congress

SEPTEMBER 13, 2021

ExxonMobil has made a discovery at Pinktail in the Stabroek Block offshore Guyana. Separately, the Liza Unity floating production storage and offloading (FPSO) vessel set sail from Singapore to Guyana in early September. The Liza Destiny FPSO vessel is currently producing approximately 120,000 barrels of oil per day.

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Guyana Oil Singapore Water 186

Green Car Congress

JANUARY 6, 2022

ExxonMobil made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. These discoveries will add to the previously announced recoverable resource estimate for the block, of 10 billion oil-equivalent barrels. Hess Guyana Exploration Ltd. The Stabroek block is 6.6

Guyana 210

Guyana Oil Singapore Water 210

Green Car Congress

JULY 27, 2022

ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru are the sixth and seventh in Guyana this year, with the total number of discoveries in Guyana at more than 25. Guyana’s Stabroek block is 6.6

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Guyana Water Oil Production 199

Green Car Congress

FEBRUARY 12, 2022

ExxonMobil has started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only seven years since the country’s first discovery. Liza Unity on her way to Guyana. Hess Guyana Exploration Ltd.

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Guyana Production Oil Store 259

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NOVEMBER 21, 2012

The two will install the units for a bioethanol demonstration plant at the Guyana Sugar Corporation (Guysuco) Albion Sugar Factory, and will be delivering a turnkey unit early next year. After detailed studies it was concluded that locally produced biofuels could have a positive impact in Guyana.

Guyana 199

Guyana Installation Companies Climate Change 199

Green Car Congress

JULY 1, 2016

Exxon Mobil Corporation said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million and 1.4 billion oil-equivalent barrels. Hess Guyana Exploration Ltd. approximately 2 miles (3.3

Guyana 150

Guyana Oil Water Corporation 150

Green Car Congress

JANUARY 7, 2018

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. billion recoverable oil-equivalent barrels. Despite much naysaying and attacks against this process, I am confident that Guyana is on the right path.

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Oil Guyana South America Suriname 150

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.

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Guyana Water Oil Affordable 195

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FEBRUARY 9, 2018

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. ExxonMobil’s reserves life at current production rates is 14 years. billion gross oil-equivalent barrels prior to the 2018 Ranger discovery. Resource Base.

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2017 Papua New Guinea Oil Guyana 186

Green Car Congress

JUNE 17, 2017

Exxon Mobil Corporation will proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana. billion oil-equivalent barrels, which includes Liza and other successful exploration wells on Liza Deep, Payara and Snoek. Hess Guyana Exploration Ltd.

Guyana 150

Guyana Oil Water Corporation 150

Green Car Congress

OCTOBER 8, 2021

ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana ( earlier post ) to approximately 10 billion oil-equivalent barrels. ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45% interest in the Stabroek Block.

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Guyana Oil 2015 Water 243

Green Car Congress

MARCH 17, 2020

Woods the had also outlined progress on key projects that support ExxonMobil’s growth plans, including: In Guyana, the estimated gross recoverable resource from the Stabroek Block increased to more than 8 billion oil-equivalent barrels, in part as a result of six additional discoveries made in 2019 and 2020. million net acres.

Papua New Guinea 186

Papua New Guinea Guyana Guinea Mozambique 186

Green Car Congress

MAY 30, 2019

ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. billion barrels of discovered recoverable resource. —Darren Woods.

Papua New Guinea 191

Papua New Guinea Emissions Carbon Guyana 191

Green Car Congress

AUGUST 9, 2023

The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 EIA forecasts the Brent crude oil price to increase the rest of 2023 and to approach $90 per barrel in late 2023.

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Oil Oil Prices Global Price 370

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JANUARY 11, 2023

EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. Areas of uncertainty include Russian oil supply and OPEC production.

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Oil Prices Oil Global Price 210

Green Car Congress

JUNE 18, 2022

The US Energy Information Administration (EIA) forecasts that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. The United States will account for about 60% of the growth in combined liquid fuels production in all non-OPEC countries.

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Brazil Canada Oil-Sands China 259