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.
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.
