Energy Daily

Big Oil Is Struggling to Find the Next Guyana

Wall Street is valuing the largest energy companies on the longevity of their reserves.
An aerial view of Guyana Shore Base in Georgetown, a service hub for Exxon’s operations in the Stabroek exploration block.Photographer: JOAQUIN SARMIENTO/AFP via Getty Images
Lock
This article is for subscribers only.

Welcome to our guide to the commodities driving the global economy. Today, senior oil reporter Kevin Crowley explores why the supermajors are frantically hunting for the next Guyana.

Guyana recently became the world’s top oil producer per capita, pumping almost 1 million barrels a day — or roughly one for every resident.