ExxonMobil Chief Executive Officer Darren Woods detailed the company's future outlook during a second-quarter earnings call on July 31, 2026.
"We're not done yet in Guyana and we continue to see a really bright future there," Woods said.
The consortium expects to bring its fifth project, the $12.7 billion Uaru development, online in 2026 using the Errea Wittu vessel to add 250,000 barrels per day.
The sixth project, the $12.5 billion Whiptail facility, is scheduled to begin production in late 2027 using the Jaguar FPSO.
ExxonMobil is also advancing the $6.8 billion Hammerhead project for 2029 and plans a final investment decision by early 2027 on the $12.5 billion Longtail development, which will lift natural gas and condensate starting in 2030.
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Analysts expect Guyana's total hydrocarbon output to reach 1.9 million barrels per day by 2030, positioning it behind Brazil as South America's second-largest oil producer.
