Country Report
Guyana upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Guyana's upstream fortunes changed with the Liza oil discovery. Liza was the first in a series of over 30 discoveries made over 2015-2024 on the block. Additional appraisal wells on Liza were successful, confirming a giant discovery. The Stabroek block has the size of 1,150 US deepwater GoM blocks, and there is still plenty of exploration potential. The partners achieved the first oil at Liza in December 2019 in the first phase of a multi-FPSO development. The field's second and ...
Table of contents
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Executive summary
- Latest upstream research on Guyana:
- Key facts
- Location maps
- Key companies
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Geology
- Introduction
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Guyana basin
- Tectonic evolution
- Stratigraphy
- Petroleum system
- Stratigraphic column
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Takutu graben basin
- Tectonic evolution
- Stratigraphy
- Petroleum system
- Stratigraphic column
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Exploration
- Licensing
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Drilling
- Drilling activity
- Guyana basin
- Reserves and resources
- Production
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Infrastructure
- Oil infrastructure
- Gas infrastructure
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Policy and regulation
- Key legislation
- Regulatory body
- State oil company
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International boundaries
- Resolution of the maritime border dispute with Suriname
- Border dispute with Venezuela
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Licensing
- Licence types
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Fiscal terms
- Overview
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Current fiscal terms
- Production sharing contracts (PSCs)
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Country Map
- Net Acreage 2025
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Oil/liquids
- Production: Table 2
- The Guyana & Takutu basins
- Licence Map
- Geology: Image 2
- Geology: Image 3
- GEM models
What's included
This report contains:
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