Guyana earned over G$257 billion in oil revenues between April and June

Vishani Ragobeer

Topic

Deep Dive

Published

July 8, 2026

Guyana earned over G$257 billion in oil revenues between April and June

The ONE GUYANA oil platform is operating at the fourth development (Yellowtail) offshore Guyana. Oil produced from this FPSO is being marketed as the Golden Arrowhead crude (ExxonMobil photo)

Approximately G$257 billion (US$1.235 billion) was deposited into Guyana’s oil wealth fund between April and June, 2026, according to a government notice published in the Official Gazette.

The revenues, deposited into the Natural Resource Fund (NRF), were derived from transactions — eleven profit oil lifts executed across Guyana's four producing FPSOs during March, April and May, and one royalty payment tied to first-quarter 2026 production.

Below is a summary of the payments:

  • 7 April — G$15.3 billion (US$73.5 million) — profit oil lift from the Liza Destiny FPSO, executed 7 March 2026
  • 10 April — G$17 billion (US$81.6 million) — profit oil lift from the Liza Unity FPSO, executed 11 March 2026
  • 20 April — G$17.8 billion (US$85.3 million) — profit oil lift from the One Guyana FPSO, executed 17 March 2026
  • 22 April — G$21.5 billion (US$103 million) — profit oil lift from the Prosperity FPSO, executed 23 March 2026
  • 29 April — G$22.4 billion (US$107.5 million) — royalty payment related to 2026 Q1 production
  • 7 May — G$24.6 billion (US$117.9 million) — profit oil lift from the Liza Unity FPSO, executed 7 April 2026
  • 18 May — G$24.4 billion (US$117 million) — profit oil lift from the One Guyana FPSO, executed 17 April 2026
  • 22 May — G$23.4 billion (US$112 million) — profit oil lift from the Prosperity FPSO, executed 22 April 2026
  • 3 June — G$22.9 billion (US$110 million) — profit oil lift from the Liza Destiny FPSO, executed 3 May 2026
  • 15 June — G$22.8 billion (US$109.5 million) — profit oil lift from the Liza Unity FPSO, executed 15 May 2026
  • 15 June — G$23.5 billion (US$112.9 million) — profit oil lift from the One Guyana FPSO, executed 15 May 2026
  • 18 June — G$21.9 billion (US$105.2 million) — profit oil lift from the Prosperity FPSO, executed 19 May 2026

All revenues are deposited into the Natural Resource Fund and reported on a cash basis, with figures subject to adjustment following price reconciliation.

Earlier this year, it was reported that Guyana earned about G$159 billion (or US$761 million) in oil revenues in the first three months of 2026. Additionally, the Ministry of Finance noted that the balance in the NRF stood at US$4.1 billion at the end of April 2026.

Production has been steadily ramping up in the Stabroek Block offshore Guyana with multiple FPSOs now online, positioning the country among the world’s fastest-growing oil producers. More than 900,000 barrels of oil are produced daily through the Liza Destiny, Liza Unity, Prosperity, and One Guyana Floating Production Storage and Offloading (FPSO) vessels.

Profit oil represents the government’s share of crude after cost recovery and royalties are paid quarterly based on total production.  As per Guyana’s 2016 oil contract, up to 75% of the costs can be recovered or recouped as the oil produced is sold. The remaining 25% of revenues is split equally between the co-venturers (ExxonMobil, Chevron and CNOOC) and Guyana; the government also gets an additional two per cent in royalties from total revenues.

Guyana earned over G$257 billion in oil revenues between April and June

Role

Based

Vishani Ragobeer is a seasoned journalist, editor, and graduate of the University of the West Indies (UWI). Skilled in multimedia journalism, research, and social development planning, Vishani now focuses on political, environmental, energy, and data journalism in Guyana.