ExxonMobil Guyana Limited (EMGL) continues developmental drilling at the Yellowtail Project’s Drill Center in the Stabroek Block, following the arrival of the ONE GUYANA vessel.
A notice from the Maritime Administration Department confirmed that the MODU Noble Sam Croft is leading the drilling program, which is scheduled to conclude on September 30, 2025.
Yellowtail is now the fourth producing offshore project for Guyana, adding to Liza 1, Liza 2, and Payara. Together, these developments provide the country with more than 900,000 barrels per day of installed production capacity.
The ONE GUYANA vessel, which reached Guyana on April 15, exports under the new Golden Arrowhead crude stream.
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Golden Arrowhead, a light sweet crude, is set to compete with well-established grades such as West Texas Intermediate from the United States and Medanito from Argentina, according to S&P.
ExxonMobil operates the Stabroek Block in partnership with Hess, now acquired by Chevron, and CNOOC.
