Guyana Received Almost US$10 Million Per Day in January Oil Payments

• Guyana’s Natural Resource Fund (NRF) received almost US$10Mn per day in oil revenues in January, as payments for the last crude cargoes produced and sold in 2025 were deposited into the account.
• According to the Bank of Guyana’s latest NRF report, the Fund received US$110.9Mn (GY$23Bn) in royalties in January. That sum represents the statutory 2% royalty on the value of all crude oil produced and sold in the fourth quarter of 2025. In addition, the Fund received US$184.1Mn (GY$38Mn) in profit oil revenues. Together, the inflows totalled about US$295Mn (GY$61Bn) for the month. Spread across 31 days, that equates to nearly US$10Mn daily flowing into the State’s oil account.
• The January receipts represent payments for three lifts of crude produced in 2025, as the final cargoes for that year. The individual payments amounted to US$60.9Mn, US$62.1Mn and US$61.1Mn.
• For 2025 overall, the NRF recorded more than US$2.1Bn (GY$443Bn) from government oil sales, over US$330Mn (GY$69Bn) in royalties, and US$15Mn (GY$3Bn) in signature bonus payments. A US$15Mn signing bonus was paid in 2025 by TotalEnergies, QatarEnergy and Petronas following their award of Block S4. Each company paid its share separately.
• Guyana expects 309 oil lifts in 2026, up from 260 in 2025, with each cargo averaging about one million barrels. Based on the government’s projected share of those cargoes, oil revenues to the State are estimated at approximately US$2.79Bn this year, including payments for oil sales and royalties.
• ExxonMobil produced an average of 716,000 barrels of oil per day (b/d) in 2025 and increased capacity to more than 900,000 b/d in the later months. Overall, Guyana, now Latin America’s newest oil producer, has rapidly become one of the region’s largest, driven by investments from the ExxonMobil-led consortium, which includes Hess, now owned by Chevron, and CNOOC.

(Source: OilNow Guyana)