Guyana's Oil Ledger

Guyana's Oil Ledger

Guyana got US$900 million from oil in first four months of 2025

Kemol King -
Guyana’s Natural Resource Fund (NRF) has received approximately US$901.6 million (GY$187.99 billion) in oil revenues for 2025 as of the end of April, Bank of Guyana reports show, reflecting continued robust inflows from the ExxonMobil-operated Stabroek Block. According to the...
Guyana's Oil Ledger

March oil output averages 627,000 b/d as Guyana closes Q1 with strong production 

Kemol King -
Offshore oil production in Guyana averaged 627,000 barrels per day (b/d) in March 2025, a modest dip from February’s 648,000 b/d. Despite the daily average easing, total production for March climbed to 19.4 million barrels, outperforming the 18.1 million...
Guyana's Oil Ledger

Guyana’s first quarter oil revenues top US$600 million despite lower prices

Kemol King -
Guyana’s Natural Resource Fund (NRF) recorded deposits totaling US$605.46 million (GY$126.24 billion) in the first quarter of 2025, representing earnings from the sale of seven lifts of profit oil and one quarterly royalty payment. The figure edges just above...
Guyana's Oil Ledger

Guyana’s rate of oil output increased by 5% in February

Kemol King -
Guyana’s offshore oil production rate climbed by 5% in February 2025 compared to the previous month, reaching an average of 648,000 barrels per day (b/d), up from 620,000 b/d in January, according to government data. Despite the increase in the...
Guyana's Oil Ledger

Guyana got US$225 million in oil sales revenue in February 

Kemol King -
Guyana’s Natural Resource Fund (NRF) received deposits totaling US$225.75 million (G$47.07 billion) in February 2025. This amount represents payments for sale of Guyana’s entitlement of crude oil from production offshore by ExxonMobil. In February, when assessed against Brent, daily price...
Guyana's Oil Ledger

Guyana’s oil production averaged 620,000 bpd in January

Kemol King -
Crude oil production offshore Guyana averaged 620,000 barrels per day (b/d) in January, the lowest it’s been since August 2024. The total volume produced was 19.2 million barrels. Tankers lifted 20 cargoes of approximately a million barrels each in January,...
Guyana's Oil Ledger

Guyana’s oil fund got US$230 million in deposits in January 

Kemol King -
Guyana’s Natural Resource Fund (NRF) received US$230 million (GY$48 billion) in deposits in January. These included payments for two lifts of crude oil sold in December and royalties for crude oil produced and sold in the fourth quarter of...
Guyana's Oil Ledger

Guyana oil production averaged 656,000 b/d in December

Kemol King -
ExxonMobil Guyana produced 20.3 million barrels of crude in December 2024 at an average rate of approximately 656,000 barrels per day (b/d). Production was nearly 156,000 b/d at Liza 1, 251,000 b/d at Liza 2, and 250,000 b/d at Payara.  December...
Guyana's Oil Ledger

Guyana earned US$2.57 billion from oil in 2024

Kemol King -
Guyana received US$2.57 billion (GY$536 billion) in oil revenue in 2024, based on monthly and quarterly reports of the Natural Resource Fund (NRF). The amount is 59% more than the approximately US$1.62 billion (GY$337 billion) that the NRF received...
Guyana's Oil Ledger

Stabroek Block’s 2024 production exceeded 200 million barrels in November

Kemol King -
ExxonMobil Guyana sustained stable production at its Stabroek Block projects in November 2024, accumulating 205 million barrels since the year began, at an average rate of 612,000 barrels per day (b/d). The barrels are shared between Exxon, Hess, CNOOC...
12Page 1 of 2

Latest News

NewsOilNOW -

Guyana nominates candidates for sole expert to resolve US$214 million audit dispute with Exxon-led group

Guyana has nominated multiple candidates for the role of sole expert to resolve a dispute with ExxonMobil and its...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

Quick Access

Company Info

Social Networks