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Oil costs and a fair share - Kaieteur News

I refer to Dr. Tara Singh’s KN letter dated 5-19-2023, and captioned ‘Once Capital Costs are recovered by Exxon, the flow of oil money will accelerate!’. While I do not agree with this expectation of higher profits for Guyana, I will nevertheless examine in more detail some of the data Dr. Singh presented, under the assumption that the financial information and oil extraction data are accurate. Dr. Singh wrote that at the end of March 31,2023, the total oil extracted from Liza 1 and Liza 2 was 205,759,098 barrels.Additionally, she noted that the total revenues earned by Guyana from the extracted oil from the 205,759,098 barrels of oil was US$2.238 Billion, consisting of royalties in the amount of US$277 Million and profit oil in the amount of US$1.961 Billion. Given that Guyana received 14.5 percent of the total revenue (2 percent as royalty (R) and 12.5 percent as Profit oil (PO)), this implies that the total revenue (TR) from the sale of the oil is US$15.4 Billion, with EEPGL s ....

Owner Associates , Tara Singh , Once Capital Costs , Production Sharing Agreement , Liza Phase , President Routledge , Non Owner Associates , Production Sharing Agreement , Please Stand Aside ,

Harris County Civil Court: Actions Taken on April 7

Case number 1167104 was filed in the Harris County Civil Court.
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Dennis L. Russell: Original Petition Citation Issued
Case number 1167102 was filed in the Harris County Civil Court.
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Denita A. Boyd: Original Petition Citation Issued
Case number 1167097 was filed in the Harris County Civil Court.
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Alisa M. Grant: Original Petition Citation Issued
Case number 1167095 was filed in the Harris County Civil Court.
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Cedric D. Hilliard: Original Petition Citation Issued
Case number 1167087 was filed in the Harris County Civil Court.
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Fidelia Reyes: Original Petition Citation Issued
Case number 1167084 was filed in the Harris County Civil Court.
In ....

United States , City Of Houston , Harris County , Jessie Diaz , Gaylon Strahan , Larona Edwards , Theodore Barnes , Tommy Lee Johnson , Bryan Michael Allen , Lindaf Baskins , Rafaela Montes Rosa , Chinh Ngo , Davidk Biddle , Mason Martin , Benny Chindavong , Marya Joseph , Juanr Gonzalez , Kim Nguyen , Williel Ferguson , Erica Eaglin , Erik Smith , Fayza Durrani , Rufus Peterson , Julio Guerra , Cedricd Hilliard , Debra Harrelson ,