XOM · News · 20260807N

Guyana Exploration Growth

ExxonMobil Holdings Corp · 2026-08-07 · Importance 31 · Surprise 42

ExxonMobil began drilling the Rockhead-1 exploration well offshore Guyana to test additional resources in the Stabroek block. The company also continued Whiptail development activities, including a one-year Sercel Marlin software contract supporting pipe-laying and mooring installation. Guyana investment recovery and cash flow were highlighted as key contributors to second-quarter performance.

Key facts

• ExxonMobil reported free-cash-flow inflection in Guyana and highlighted Guyana cash flow on the Q2 earnings call. source