Guyana’s Oil Extracted (2020-2024) Crude Oil Extracted (2020-2024) Year Volume (‘000 barrels) Value (US$ Million) 2020 26,605 1,064.1 2021 42,213 2,975.5 2022 101,051 9,853.8 2023 141,657 11,581.5 2024 224,708 17,993.2 Total 536,234 43,468.1 Crude Oil Trends (2020-2024) Crude Oil Export Trends (2020-2024)
Income Tax Expense Bar Chart Income Tax Expense Comparison (2020-2024) Note: Total Oil Companies Tax Expense was US$5,230,524,082.00 whereas Guyana’s total income was US$6,275,194,950.97
Guyana Oil Income vs Companies Profit Guyana Oil Income vs Oil Companies Profit (2020-2024) Total Guyana Income $6.28B 2020-2024 Total Companies Profit $29.00B 2020-2024 Profit to Revenue Ratio 4.6:1 Average 2020-2024 Key Insights: Both Guyana’s oil income and companies’ profit have grown significantly from 2020-2024 Oil companies’ profit consistently exceeds Guyana’s income by a factor…
Pie Chart 2024 Stabroek Block: Guyana’s missing US$4.2 billion profit share US$2.6b received US$4.2b missing Guyana Actual Take: US$2.6 billion (14.6%) Guyana’s Profit US$2.2b and Royalty US$0.4b Guyana’s Missing Profit: US$4.2 billion (23.6%) Remaining Revenues: 11.0 billion (61.8%) Total 2024 Revenues: US$17.8b & Pre-tax profit: US$12.9b
Pie Chart 2024 Stabroek Block: 50/50 Pre-tax Profit Share? US$2.2 billion (17.1%) US$10.7 billion (82.9%) Guyana: US$2.2 billion (17.1%) EMGL/HESS/CNOOC: US$10.7 billion (82.9%) Total Stabroek Block Pre-tax Profits: US$12.9 billion Pie Chart 2024 Stabroek Block: 50/50 After-tax Profit Share? US$2.2 billion (21.2%) US$8.2 billion (78.8%) Guyana: US$2.2 billion (21.2%) EMGL/HESS/CNOOC: US$8.2 billion (78.8%) Total Stabroek…
Hess Guyana – Statement of Changes in Equity Hess Guyana Exploration Limited — Guyana Branch Statement of Changes in Equity from 2018 to 2024 Stacked area chart showing Capital Contributions and Accumulated Profit/(Deficit) evolution (2018-2024) HESS Capital Accumulation 2018 to 2024 Accumulated Profit/(Deficit) Key Observations & Strategic Insights 2018-2020: Initial deficit period with accumulated losses…
Statement of Changes in Equity – Stacked Area Chart EMGL Statement of Changes in Equity from 2018 to 2024 Stacked area chart showing Capital Contribution and Accumulated Profits (2018-2024) EMGL Cumulative Capital Contribution: : 2018 to 2024 EMGL Accumulated Profits: 2018 to 2024 Key Observations: 2018-2020: Accumulated profits were negative (accumulated losses) 2021: Turning point…
CNOOC Petroleum Guyana – Profit/Deficit Analysis 2019-2024 CNOOC Petroleum Guyana Limited (GYD) Profit/Deficit Financial Analysis (2019-2024) Annual Profit/Deficit Trend (Billions GYD) Cumulative Performance Overview 📈 Key Performance Highlights Dramatic turnaround: From -20.9B deficit (2019) to 1.07T profit (2024) Break-even achieved: In 2021 with 49.5B GYD profit Exponential growth: 2,070% increase from 2021-2024 Consistent profitability: 4…
Statement of Changes – Stacked Area Chart CNOOC changes in Deficit & Profit from 2018 to 2023 ($US using 208.5 conversion) Full Period Turnaround Era Growth Phase Deficit Periods Profit Accumulation Annual Net Income
Income Tax Payable by Year Income Tax Payable by Year Esso Exploration and Production Guyana Limited (Guyana Branch) Year Income Tax Payable (USD) – As reported on EMGL Balance Sheet 2019 0.00 2020 0.00 2021 0.00 2022 284,802,553.00 2023 947,548,593.48 2024 2,195,600,000.00 Data extracted from balance sheet statements as of 31 December for each respective…
