Oil & Gas Governance Network

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…

Income Tax Expense Chart 2019-2024 Income Tax Expense by Year ExxonMobil Guyana Limited (Guyana Branch) – 2019 to 2024 Key Observations: No income tax expense recorded for 2019-2021 Significant tax liability began in 2022 ($284.8M) Tax expense more than doubled in 2023 ($662.9M) Highest tax expense in 2024 ($1.248B), nearly doubling again * All amounts…