Exxon Mobil Starts Fourth Guyana Field, Targets 1.7 M b/d by 2030

Exxon Mobil Corp. said it has started production at its fourth offshore oil development in Guyana, expanding one of the industry’s fastest-growing new crude provinces. With the latest unit online, the company and its partners project that combined output from their Guyanese operations could reach about 1.7 million barrels a day by 2030, reinforcing Guyana’s rise as a significant source of future global supply.