Exxon Hits Major Milestone in Guyana with Early Startup of Fourth Oil Vessel

Exxon Mobil Corporation (NYSE:XOM) is one of the best commodity stocks to buy. The stock delivered a major operational achievement this month. On August 8, 2025, the company began production from its fourth floating oil production vessel, “One Guyana,” located in the Stabroek Block offshore Guyana. Part of the Yellowtail development, the vessel boosts Exxon’s total installed production capacity in the region to more than 900,000 barrels per day and achieved startup four months ahead of schedule.

The company described the project as a demonstration of its execution capability, efficiency, and commitment to developing Guyana’s vast offshore resources. The crude produced will be marketed under the Golden Arrowhead name, and the milestone pushes Exxon closer to its goal of reaching 1.7 million barrels per day from Guyana by 2030.

Exxon Mobil (NYSE:XOM) is a global energy leader engaged in oil and gas exploration, production, refining, and chemical manufacturing, with a growing portfolio in low-carbon technologies. The company operates in more than 60 countries and manages an integrated value chain that spans from upstream production to downstream fuels and specialty products. Its Guyana projects have become a cornerstone of its growth strategy, offering high-margin barrels and long-term production stability.

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