Green Car Congress

OCTOBER 2, 2020

ExxonMobil has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. Ten drill centers are planned along with up to 41 wells, including 20 production and 21 injection wells. As new projects proceed, investment in the Guyana economy increases.

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Guyana Oil Singapore 2019 418

Green Car Congress

APRIL 5, 2022

ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. Yellowtail production from the ONE GUYANA floating production storage and offloading (FPSO) vessel will develop an estimated resource of more than 900 million barrels of oil.

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Guyana Oil 2017 2019 243

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. miles (35 kilometers) southeast of the Liza Phase 1 project, which began production in December 2019, and 3.7

Guyana 186

Guyana Oil Singapore Miles 186

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. Wood Mackenzie currently expects around 350,000-400,000 b/d of oil production (just oil, not factoring in natural gas) by 2026 from there. Hess Guyana Exploration Ltd.

Guyana 150

Guyana Oil South America Suriname 150

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Green Car Congress

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. Production from Liza Phase 1 is expected to begin by 2020, less than five years after discovery.

2017 186

2017 Papua New Guinea Oil Guyana 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.

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Papua New Guinea Emissions Carbon Guyana 191