Guyana Oil
Production (2025)#26 World
747,432b/d+21.1% YoY
Consumption (2024)#131 World
26,760b/d+0.03% YoY
Daily Surplus (2024)
+590,590b/d
Consumption uses 4.3% of production.
Production
Consumption
Surplus
Oil Reserves in Guyana
- Guyana has proven oil reserves of 11,000,000,000 barrels (as reported in 2025) (#17 in the world), representing 0.62% of the world's total.
- As of 2025 production rates, Guyana has roughly 40 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).
Oil Production in Guyana
- Guyana produced 747,432 barrels per day of oil and petroleum liquids in 2025 (#26 in the world), an increase of 21.1% from 617,350 barrels per day in 2024.
- Of that, 747,432 barrels per day was crude oil in 2025.
- And 0 barrels per day was natural gas plant liquids (NGPL) in 2025.
Oil Consumption in Guyana
- Guyana consumed 26,760 barrels per day of oil and petroleum products in 2024 (#131 in the world), an increase of 0.03% from 2023. This represents 0.03% of the world's total oil consumption.
- Per capita, oil consumption in Guyana averaged 1.35 us gallons per day in 2024 (#44 in the world).
- The largest refined-product categories were Distillate Fuel Oil (48.2%), Motor Gasoline (26.2%), and Residual Fuel Oil (18.7%).
oil Balance in Guyana
- In 2024, Guyana produced approximately 617,350 barrels per day of oil and consumed 26,760 barrels per day , a surplus of 590,590 barrels per day.
Guyana Oil History (1973-2025)
| Reserves | Production | Consumption | Crude Oil Trade (Historical) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 11,000,000,000 | 17 | 0.62% | 747,432 | +21.1% | 26 | 0.70% | — | — | — | — | — | — | — | — |
| 2024 | 11,000,000,000 | 17 | 0.62% | 617,350 | +57.7% | 27 | 0.60% | 26,760 | +0.03% | 132 | 0.03% | 1.35 | — | — | — |
| 2023 | 11,000,000,000 | 17 | 0.63% | 391,388 | +35.2% | 32 | 0.38% | 26,752 | +15.3% | 132 | 0.03% | 1.36 | — | — | — |
| 2022 | 11,000,000,000 | 17 | 0.63% | 289,595 | +147.7% | 32 | 0.29% | 23,203 | +21.1% | 136 | 0.02% | 1.19 | — | — | — |
| 2021 | — | — | — | 116,913 | +56.7% | 43 | 0.12% | 19,154 | +5.3% | 142 | 0.02% | 0.99 | — | — | — |
| 2020 | — | — | — | 74,619 | +5757.2% | 55 | 0.08% | 18,194 | −3.2% | 141 | 0.02% | 0.95 | — | — | — |
| 2019 | — | — | — | 1,274 | — | 102 | < 0.01% | 18,793 | +14.4% | 143 | 0.02% | 0.98 | — | — | — |
| 2018 | — | — | — | 0 | — | — | — | 16,430 | +8.8% | 146 | 0.02% | 0.87 | 0 | 0 | 0 |
| 2017 | 0 | — | — | 0 | — | — | — | 15,096 | −1.2% | 150 | 0.02% | 0.83 | 0 | 0 | 0 |
| 2016 | 0 | — | — | 0 | — | — | — | 15,285 | +12.6% | 152 | 0.02% | 0.84 | 0 | 0 | 0 |
| 2015 | 0 | — | — | 0 | — | — | — | 13,578 | +2.5% | 154 | 0.01% | 0.75 | 0 | 0 | 0 |
| 2014 | 0 | — | — | 0 | — | — | — | 13,252 | −0.03% | 152 | 0.01% | 0.74 | 0 | 0 | 0 |
| 2013 | 0 | — | — | 0 | — | — | — | 13,255 | −2.6% | 152 | 0.01% | 0.74 | 0 | 0 | 0 |
| 2012 | 0 | — | — | 0 | — | — | — | 13,604 | +12.5% | 151 | 0.01% | 0.77 | 0 | 0 | 0 |
| 2011 | 0 | — | — | 0 | — | — | — | 12,093 | +4.4% | 155 | 0.01% | 0.68 | 0 | 0 | 0 |
| 2010 | 0 | — | — | 0 | — | — | — | 11,582 | +7.1% | 155 | 0.01% | 0.65 | 0 | 0 | 0 |
| 2009 | 0 | — | — | 0 | — | — | — | 10,813 | +4.1% | 157 | 0.01% | 0.6 | 0 | 0 | 0 |
| 2008 | 0 | — | — | 0 | — | — | — | 10,387 | −5.1% | 158 | 0.01% | 0.58 | 0 | 0 | 0 |
| 2007 | 0 | — | — | 0 | — | — | — | 10,942 | +22.8% | 151 | 0.01% | 0.61 | 0 | 0 | 0 |
| 2006 | 0 | — | — | 0 | — | — | — | 8,907.9 | −10.3% | 154 | 0.01% | 0.49 | 0 | 0 | 0 |
| 2005 | 0 | — | — | 0 | — | — | — | 9,932.7 | −8.8% | 151 | 0.01% | 0.55 | 0 | 0 | 0 |
| 2004 | 0 | — | — | 0 | — | — | — | 10,891 | −2.1% | 148 | 0.01% | 0.6 | 0 | 0 | 0 |
| 2003 | 0 | — | — | 0 | — | — | — | 11,129 | +2.9% | 143 | 0.01% | 0.61 | 0 | 0 | 0 |
| 2002 | 0 | — | — | 0 | — | — | — | 10,819 | +0.76% | 142 | 0.01% | 0.6 | 0 | 0 | 0 |
| 2001 | 0 | — | — | 0 | — | — | — | 10,738 | −2% | 140 | 0.01% | 0.59 | 0 | 0 | 0 |
| 2000 | 0 | — | — | 0 | — | — | — | 10,958 | −1.8% | 134 | 0.01% | 0.6 | 0 | 0 | 0 |
| 1999 | 0 | — | — | 0 | — | — | — | 11,158 | +19.2% | 136 | 0.01% | 0.61 | 0 | 0 | 0 |
| 1998 | 0 | — | — | 0 | — | — | — | 9,357.5 | +28.9% | 143 | 0.01% | 0.51 | 0 | 0 | 0 |
| 1997 | 0 | — | — | 0 | — | — | — | 7,257.5 | +6.7% | 152 | 0.01% | 0.4 | 0 | 0 | 0 |
| 1996 | 0 | — | — | 0 | — | — | — | 6,800 | +9.7% | 153 | 0.01% | 0.38 | 0 | 0 | 0 |
| 1995 | 0 | — | — | 0 | — | — | — | 6,200 | −13.3% | 155 | 0.01% | 0.34 | 0 | 0 | 0 |
| 1994 | 0 | — | — | 0 | — | — | — | 7,152.9 | +0% | 145 | 0.01% | 0.4 | 0 | 0 | 0 |
| 1993 | 0 | — | — | 0 | — | — | — | 7,152.9 | +23.7% | 145 | 0.01% | 0.4 | 0 | 0 | 0 |
| 1992 | 0 | — | — | 0 | — | — | — | 5,781.7 | +14.2% | 150 | 0.01% | 0.32 | 0 | 0 | 0 |
| 1991 | 0 | — | — | 0 | — | — | — | 5,064.4 | +16.2% | 133 | 0.01% | 0.28 | 0 | 0 | 0 |
| 1990 | 0 | — | — | 0 | — | — | — | 4,357.5 | −4.4% | 137 | 0.01% | 0.24 | 0 | 0 | 0 |
| 1989 | 0 | — | — | 0 | — | — | — | 4,557.5 | −31.8% | 134 | 0.01% | 0.25 | 0 | 0 | 0 |
| 1988 | 0 | — | — | 0 | — | — | — | 6,681.7 | −1.5% | 122 | 0.01% | 0.37 | 0 | 0 | 0 |
| 1987 | 0 | — | — | 0 | — | — | — | 6,781.9 | −24.8% | 117 | 0.01% | 0.37 | 0 | 0 | 0 |
| 1986 | 0 | — | — | 0 | — | — | — | 9,024.4 | −5% | 107 | 0.01% | 0.49 | 0 | 0 | 0 |
| 1985 | 0 | — | — | 0 | — | — | — | 9,500 | +2.2% | 108 | 0.02% | 0.52 | 0 | 0 | 0 |
| 1984 | 0 | — | — | 0 | — | — | — | 9,300 | +12% | 109 | 0.02% | 0.5 | 0 | 0 | 0 |
| 1983 | 0 | — | — | 0 | — | — | — | 8,300 | −10.8% | 110 | 0.01% | 0.45 | 0 | 0 | 0 |
| 1982 | 0 | — | — | 0 | — | — | — | 9,300 | −22.5% | 108 | 0.02% | 0.5 | 0 | 0 | 0 |
| 1981 | 0 | — | — | 0 | — | — | — | 12,000 | +22.4% | 99 | 0.02% | 0.65 | 0 | 0 | 0 |
| 1980 | 0 | — | — | 0 | — | — | — | 9,800 | — | 111 | 0.02% | 0.53 | 0 | 0 | 0 |
See also
Sources
- U.S. Energy Information Administration (EIA), International Energy Statistics.
- Oil & Gas Journal