ExxonMobil Guyana and its Stabroek block co-venturers, Hess and CNOOC, announced on Wednesday they reached 500 million barrels of oil produced from Guyana's offshore Stabroek block.
In a joint statement they said their industry-leading pace of development enabled this production milestone less than five years after Guyana became an oil-producing nation.
ExxonMobil Guyana President Alistair Routledge says their unrivaled success in developing Guyana's oil resources at an industry-leading pace, cost and environmental performance is built on close collaboration with the government of Guyana, as well as their co-venturers, suppliers and contractors.
He added, the company remains committed to Guyana for the long-term and looks forward to continue delivering for the country.
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