Guyana Guyana exploration basin Report

Asset Report 19 December 2023

Get this report*

$2,800

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

The Liza discovery was the largest oil discovery in 2015 and significantly de-risked the Cretaceous Tertiary play, proving the existence of a working petroleum system in this portion of the basin. Subsequent exploration has also been extremely successful. We expect activity in this basin to continue as the potential for material discoveries and material value creation is favourably high. The Guyana basin is predominantly an offshore basin, stretching across the waters of Guyana, Suriname and French Guiana. This report covers the portion of the basin that lies within the boundaries of the country of Guyana.

Summary of commercial outlook
- Advantages:
- Challenges:
- Petroleum System
Wells drilled
- Cretaceous-Tertiary Deepwater
- Cretaceous-Tertiary Shelf
Prospective resource potential
Prospective resources by play
- Cretaceous Tertiary Deepwater
Prospective resource costs and underlying development assumptions
- Development value
- Prospect economics - Cretaceous Tertiary Deepwater
Prospect economics - Cretaceous Tertiary Shelf
Oil and gas prices
Licensing
Fiscal terms
- Royalty
- PSC cost recovery
- PSC profit sharing
- Corporate income tax
- Abandonment Section