Guyana oil share from Stabroek jumps to 39.8% as Exxon recovers costs. Learn how the contract works and what it means for the nation.
Guyana · ENERGY
Key Facts
—Entitlement rise Guyana’s share of Stabroek crude rose to 39.8% from 12.5%.
—Cost recovery Contractors may use up to 75% of monthly production to recover costs.
—Profit oil Remaining oil after cost recovery is split as profit oil.
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