Guyana on verge of oil wealth

Guyana, one of South America’s poorest countries, could potentially become one of the world’s richest following the discovery by ExxonMobil of huge offshore oil reserves


Exxon-led venture projected to produce at least 750,000 barrels per day by 2025 – enough for Guyana to become oil power alongside neighbouring Venezuela and Brazil


Oil and gas license blocks
ExxonMobil blocks 
Oil discoveries

Stabroek block: Recoverable resources estimated to be more than 8 billion barrels of oil equivalent

TRINIDAD & TOBAGO
VENEZUELA
Guyana territorial waters
Georgetown
GUYANA
Orinduik Block
New Amsterdam
ATLANTIC OCEAN
Kaieteur block
Canje block

Liza field
Produced Guyana’s first oil in Dec 2019

Kanuku Block
Nieuw Nickerie
Paramaribo
SURINAME

100km 60 miles


Sources: Der Spiegel, ExxonMobil, Petroleum Economist, Reuters
© GRAPHIC NEWS