Guyana's Oil Ledger

ExxonMobil Guyana’s offshore oil production averaged 841,000 barrels per day (b/d) in October across the four producing Stabroek Block developments, according to newly released government data.  The month was defined by continued stability at the mature projects and a sharp...

Guyana received US$228 million (GY$48 billion) in oil revenues in October, according to the latest update on the operations of the Natural Resource Fund (NRF).  The month’s inflows to the Fund comprised US$83 million (GY$17 billion) in royalties from crude...

Oil production at ExxonMobil's Yellowtail development offshore Guyana averaged 134,000 barrels per day (b/d), increasing from 75,000 b/d in the previous month, government data shows. Yellowtail, ExxonMobil’s fourth project offshore Guyana, started production on August 8 and is ramping...

Guyana received payments for two cargoes of crude oil in September 2025, totaling US$133 million (approximately GY$28 billion). The shipments, lifted from the Payara and Liza 1 projects, reflect the continued strength of the country’s oil production profile and...

Oil production offshore Guyana averaged 685,000 barrels per day (b/d) in August, up from 664,000 b/d in July, driven mainly by the start-up of the Yellowtail project. The new development, which began production on August 8, averaged 75,000 b/d...

Guyana received nearly US$213 million (GY$$44 billion) in oil revenues in August, according to the latest Natural Resource Fund (NRF) report published by the Bank of Guyana. The inflow reflects payments for an estimated three cargoes, each about one...

Oil production offshore Guyana held steady in July, ahead of the Yellowtail project's start earlier this month.  ExxonMobil produced an average of 664,000 barrels per day (b/d) in July, nearly unchanged from June. Total monthly output reached 20.58 million barrels,...

Guyana collected US$77.9 million (GY$16.2 billion) in royalties from ExxonMobil, Hess (acquired by Chevron) and CNOOC, for crude produced and sold offshore during the second quarter of 2025, according to the latest Natural Resource Fund (NRF) report.  This brought royalty...

ExxonMobil Guyana’s oil production dipped slightly in June, averaging 664,000 barrels per day (b/d) down from 667,000 barrels in May, even as two of the three producing projects reached near-optimal output levels. The Stabroek Block, operated by ExxonMobil, yielded a...

Guyana earned just over US$191 million (GY$40 billion) from the sale of three oil cargoes (each about a million barrels) in June, bringing total crude oil sales for the year so far to approximately US$1.05 billion (GY$219.7 billion).  The June...