Country Report
Guyana upstream summary
Report summary
Guyana's upstream fortunes changed with the Liza oil discovery. Liza proved to be the first in a series of 21 discoveries made over 2015-2021 on the block. Additional appraisal wells 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 first oil at Liza in December 2019 in the first phase of a multi-FPSO development. The Liza project offers some of the ...
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
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Licensing
- Guyana basin
- Takutu Graben basin
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Drilling
- Drilling activity
- Guyana basin
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Licensing
- 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 12 images and tables including:
- Key facts: Table 1
- Country Map
- Net Acreage 2023
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Oil/liquids
- Production: Table 2
- The Guyana & Takutu basins
- Geology: Image 2
- Geology: Image 3
- Licence Map
- GEM models
What's included
This report contains:
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