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. ExxonMobil’s first offshore Guyana project, Liza Phase 1, began producing in late 2019, well ahead of the industry average for development time. Hess Guyana Exploration Ltd.

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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.

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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. The development received regulatory approval from the government of Guyana. Hess Guyana Exploration Ltd. million acres, or 26,800 square kilometers.

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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. Offshore Guyana, ExxonMobil has discovered recoverable resources, including current proved reserves and additional resources, estimated to be 3.2 Additional exploration drilling in Guyana is planned in 2018 on the 11.5

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Green Car Congress

MARCH 17, 2020

The company is closely monitoring the COVID-19 pandemic and has adjusted work arrangements to ensure a healthy work environment and support communities where it operates. For 2020, the company anticipated an investment level of up to $33 billion, depending on the progress of individual projects. million net acres.

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Green Car Congress

MAY 30, 2019

In Guyana, ExxonMobil recently announced the 13 th discovery on the Stabroek block, adding to the previously estimated 5.5 Guyana’s first oil production is on track for early next year, five years after discovery. In Brazil, the company has acquired 2.3 billion barrels of discovered recoverable resource. —Darren Woods.

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