Latest update April 12th, 2026 12:50 AM
Exxon gave Guyana 32M of 260M barrels of oil produced in 2025
(Kaieteur News) – In 2025, oil production in the Stabroek Block increased significantly by 21%, recording a total of 260 million barrels of which Guyana only received 32 million barrels.
This was highlighted by Finance Minister, Dr. Ashni Singh on Monday as he laid out the fiscal plan for this year in the National Assembly.
He provided a detailed overview of the performance of the petroleum sector, highlighting that production in 2025 averaged just below 830,000 barrels per day (bpd). Currently, there are four Floating Production Storage and Offloading vessels operating in Guyana’s Exclusive Economic Zone (EEZ).
President, ExxonMobil Guyana, Alistair Routledge
The Liza Destiny FPSO produced an average of approximately 134,300 bpd, the Liza Unity FPSO at 249,500 bpd, the Prosperity FPSO at a rate of 255,200 bpd, and the One Guyana FPSO at just under 191,000 bpd.
To this end, Dr. Singh explained, “In 2025 there were 260 lifts of crude oil from Guyana’s four producing FPSOs, inclusive of a combined inaugural lift from the One Guyana FPSO. There were six lifts executed from the Liza Destiny FPSO for Government, 11 from the Liza Unity FPSO, 12 from the Prosperity FPSO and three from the One Guyana FPSO – a total of 32 lifts for the Government of Guyana in 2025.”
Each lift is equivalent to one million barrels of oil.
Consequently, the Natural Resource Fund (NRF) in 2025 received US$2.1B in profit oil, comprising US$400.1M from Liza Destiny, US$767.7M from Liza Unity, US$824M from Prosperity, and US$133.6M from One Guyana.
The oil account also obtained $330.7M in royalty payments during the year from the operator of the Stabroek Block. Additionally, the petroleum receipts for the year included a US$15M signing bonus from a new Production Sharing Agreement (PSA) signed on November 11, 2025 with a consortium for the shallow-water Block S4.
In 2025, the National Assembly approved the sum of US$2.463 billion to be withdrawn to finance national development priorities. As such, the Fund closed the year with US$3.250 billion inclusive of interest income and net of withdrawals.
During the previous year, Guyana received 28 lifts of crude oil from the 225 lifts recorded from three FPSOs that were operating at the time.
Under the 2016 Production Sharing Agreement (PSA), Guyana receives 12.5% of profits. ExxonMobil is allowed to take 75% of the oil produced every month to cover its expenses and also enjoys a 12.5% profit share. In addition to its 12.5% profits, Guyana also receives 2% of gross production as royalty.
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