Country Report

Guyana upstream summary

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06 September 2019

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 13 discoveries made over 2015-2019 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 will achieve first oil at Liza by 2020 as the first phase of a multi-FPSO development of the cluster of discoveries. Liza project ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
    • Guyana basin
      • Tectonic evolution
      • Stratigraphy
      • Petroleum system
      • Stratigraphic column
    • Takutu graben basin
      • Tectonic evolution
      • Stratigraphy
      • Petroleum system
      • Stratigraphic column
    • Licensing
      • Guyana basin
      • Takutu Graben basin
    • Drilling
      • Drilling activity
      • Guyana basin
      • Takutu Graben basin
  • Reserves and resources
    • Gas
    • Introduction
    • Key legislation
    • Regulatory body
    • State oil company
    • International boundaries
      • Resolution of the maritime border dispute with Suriname
      • Border dispute with Venezuela
    • Licensing
      • Licence types
    • Overview
    • 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 2019
  • 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:

  • Document

    Country Overview

    PDF 3.40 MB

  • Document

    Country Overview

    XLS 138.50 KB

  • Document

    Country Overview

    ZIP 3.36 MB

  • Document

    Executive summary

    PDF 696.33 KB

  • Document

    Key facts

    PDF 683.53 KB

  • Document

    Location maps

    PDF 2.01 MB

  • Document

    Key companies

    PDF 710.19 KB

  • Document

    Geology

    PDF 1.09 MB

  • Document

    Exploration

    PDF 1.61 MB

  • Document

    Reserves and resources

    PDF 700.70 KB

  • Document

    Production

    PDF 703.12 KB

  • Document

    Infrastructure

    PDF 686.07 KB

  • Document

    Policy and regulation

    PDF 701.26 KB

  • Document

    Fiscal terms

    PDF 710.59 KB

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