July 15 (Reuters) - Exxon Mobil Corp ( XOM ) plans to

drill up to 30 wells as part of its seventh oil project in

Guyana, named Hammerhead, according to the development plan

proposed by the company and disclosed by the government on

Monday.

The project, which is pending government approval, would

start production in 2029, lifting the country's capacity to more

than 1.4 million barrels of oil per day. Exxon operates all

production in Guyana, with Hess Corp ( HES ) and China's CNOOC

as partners.

Exxon anticipates a daily production capacity between

120,000-180,000 barrels of crude from Hammerhead, less than the

250,000 barrels per day from its largest vessels in the country.

The vessel will be capable of storing approximately 1.4 to 2

million barrels of oil, Exxon said.

The proposed floating production unit is expected to be a

Very Large Crude Carrier (VLCC) conversion facility, and be

located 15 km (9 miles) Southwest of Liza Destiny, Exxon's first

platform in the country.