Exxon seizes Yellowtail with fourth Guyana FID
Exxon seizes Yellowtail with fourth Guyana FID
ExxonMobil has taken its fourth final investment decision (FID) in Guyana on the Yellowtail project.
Yellowtail will be the largest on the Stabroek Block, with production of 250,000 barrels per day of oil starting up in 2025.
The $10 billion project will involve six drill centres, with up to 26 production and 25 injection wells. The One Guyana floating production, storage and offloading (FPSO) vessel will develop a 900 million barrel of oil resource.
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