Exxon Mobil’s Uaru and Whiptail projects in Guyana are reportedly progressing ahead of schedule and under budget, with anticipated production of 250,000 barrels per day each. Uaru is expected to begin oil production this year, and Whiptail in 2027, significantly increasing Guyana’s overall output to 1.4 million bpd. Exxon is also being pressed by the Guyanese government to develop natural gas projects for diversification.
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Exxon Mobil's Uaru and Whiptail Projects Progressing Ahead of Schedule
Exxon Mobil’s Uaru and Whiptail projects in Guyana are reportedly progressing ahead of schedule and under budget, with anticipated production of 250,000 barrels per day each. Uaru is expected to begin oil production this year, and Whiptail in 2027, significantly increasing Guyana’s overall output to 1.4 million bpd. Exxon is also being pressed by the Guyanese government to develop natural gas projects for diversification.