Exxon Mobil's Uaru and Whiptail Projects Progressing Ahead of Schedule

Exxon Mobil Corporation (NYSE:XOM) is one of the largest integrated fuels, lubricants, and chemical companies in the world.

Exxon Mobil Corporation (NYSE:XOM) revealed on February 18 that its Uaru and Whiptail projects in Guyana are progressing ahead of schedule and under budget. The two projects are the oil behemoth’s fifth and sixth in the South American country, and will each produce 250,000 barrels per day. Exxon expects Uaru to begin oil production this year, while Whiptail is projected to start in 2027. Upon their completion, Guyana’s overall output will grow to 1.4 million bpd.

The Guyanese government has also been pressing Exxon Mobil Corporation (NYSE:XOM) to design and build natural gas projects, as the country looks to diversify into petrochemical plants and possible data centers.

Exxon Mobil Corporation (NYSE:XOM) reported during its Q4 2025 earnings call that its output from advantaged assets, such as the Permian, Guyana, and LNG, continues to grow, with the company projecting these assets to make up roughly 65% of its total production mix by 2030.

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