Exxon Mobile to Expedite Guyana Oil Production - Feb 2, 2016ExxonMobil Attempting To Expedite Guyana Oil Production Due To 50% Earnings Fall Exxonmobil guyana press: ExxonMobil is moving quickly to spud a well at its Liza discovery, offshore Guyana, in addition to several major projects that are set for start-up in the next two years. Exxon is working on contracting a drillship to get it onsite to appraise the Liza discovery, and expects the well to spud very shortly, the company said on a financial conference call today (2 February) In addition, Exxon said that Lizas seismic acquisition is nearing completion. The results from both the well and seismic are being actively assessed to test the full block potential, as well as the commercial viability of the discovery. There are also early studies underway for potential development options for the Liza field. Liza, located about 120mi offshore Guyana, sits in the 6.6 million acre Stabroek Block. Exxon encountered more than 295ft of high quality oil-bearing sandstone reservoirs at theLiza-1 well last year. According to vice president of investor relations Jeff Woodbury, ExxonMobil will have 10 major projects that will start-up in 2016 and 2017.