October records highest monthly oil profits, as US$1.2B hits NRF

(Kaieteur News) – In October, Guyana recorded its highest ever monthly deposit into the Natural Resource Fund (NRF). A whopping US$1.2B in profit oil and royalty payments were received, pushing Guyana’s total oil and gas revenues for the year to about US$5.1B.

According to the monthly receipt published by the Bank of Guyana (BoG), the country received a royalty payment last month of US$228M and US$1B in profit oil.

Guyana’s share of profits grew significantly during the third quarter after ExxonMobil recovered its US$55 billion investments in the country. The announcement was first made by the chairman and chief executive officer of Exxon, Darren Woods during the company’s 31st July, 2026 earnings call for the second quarter.