Guyana’s Record-Breaking Oil Boom

The development of the Stabroek Block is continuing at a stunning rate. By August 2025, Exxon had brought its fourth project, Yellowtail, online. This saw the 250,000 barrel per day ONE GUYANA Floating Production, Storage and Offloading (FPSO) vessel come online and start pumping crude oil. During November 2025, production at Yellowtail had ramped up to full capacity. This saw Exxon announce that Guyana was now pumping 900,000 barrels per day, all from the prolific Stabroek Block. This is a significant deve ...