The Stabroek Block is expected to produce some 93.6 million barrels of oil equivalent (BOE) for 2022 and of that amount Guyana will get an estimated 12 lifts of one million barrels each, according to the Ministry of Natural Resources.
“Crude production for 2022 is estimated at 93.6 million barrels,” Senior Petroleum Coordinator within the ministry, Bobby Gossai Jr said in response to questions from the Stabroek News. Gossai Jnr did not say or estimate how many barrels from that amount would be government’s take but instead forecast that government, “will receive twelve lifts of profit oil entitlement”.
