{"id":1075,"date":"2025-06-14T10:31:26","date_gmt":"2025-06-14T10:31:26","guid":{"rendered":"https:\/\/energyguyana.gy\/?p=1075"},"modified":"2025-06-14T12:32:59","modified_gmt":"2025-06-14T12:32:59","slug":"first-export-of-guyanas-golden-arrowhead-crude-set-for-late-august-to-early-september","status":"publish","type":"post","link":"https:\/\/energyguyana.gy\/index.php\/2025\/06\/14\/first-export-of-guyanas-golden-arrowhead-crude-set-for-late-august-to-early-september\/","title":{"rendered":"First Export of Guyana\u2019s \u2018Golden Arrowhead\u2019 Crude Set for Late August to Early September"},"content":{"rendered":"\n<p>Guyana\u2019s new grade of crude oil, Golden Arrowhead, is set to be exported for the first time between late August and early September, according to the government of Guyana, as reported by Reuters.<\/p>\n\n\n\n<p>The new grade will come from the Yellowtail development, ExxonMobil Guyana\u2019s fourth offshore project operated by a consortium comprising ExxonMobil, Hess, and China\u2019s CNOOC. The trio, which controls all oil production offshore Guyana, exports their respective entitlements, while the government also markets its share independently.<\/p>\n\n\n\n<p>Production is expected to begin in August from the <a href=\"https:\/\/energyguyana.gy\/index.php\/2025\/04\/16\/one-guyana-fpso-arrives-in-guyana\/\" data-type=\"link\" data-id=\"https:\/\/energyguyana.gy\/index.php\/2025\/04\/16\/one-guyana-fpso-arrives-in-guyana\/\" target=\"_blank\" rel=\"noreferrer noopener\">ONE GUYANA<\/a> floating production, storage and offloading (FPSO) vessel, delivered by SBM Offshore. The Yellowtail project, which will tap the Yellowtail and Redtail fields, will be Exxon\u2019s largest development in Guyana, by design production, when it comes online.<\/p>\n\n\n\n<p>The upcoming Golden Arrowhead crude will be Guyana\u2019s first light-sweet offering, making it more attractive to refiners seeking cleaner-burning, easier-to-process barrels.<\/p>\n\n\n\n<p>Current production from Guyana\u2019s offshore projects exceeds 600,000 barrels per day. With Yellowtail online, total capacity will rise to over 900,000 barrels per day, positioning Guyana to become the world\u2019s largest per capita oil producer.<\/p>\n\n\n\n<p>Guyana has already emerged as Latin America\u2019s fifth-largest crude exporter, after Brazil, Mexico, Venezuela, and Colombia. With output capacity projected to exceed 1.7 million barrels per day by 2030, the country is expected to climb higher in regional and global oil rankings.<\/p>\n\n\n\n<p>Here\u2019s what to know about the upcoming Golden Arrowhead crude debut:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Name origin: Named after Guyana\u2019s national flag, the Golden Arrowhead<\/strong><\/li>\n\n\n\n<li><strong>First cargo: Around 1 million barrels<\/strong><\/li>\n\n\n\n<li><strong>API gravity: 36.5\u00b0<\/strong><\/li>\n\n\n\n<li><strong>Sulfur content: 0.25%<\/strong><\/li>\n\n\n\n<li><strong>Competition: Expected to compete with Argentina\u2019s Medanito and U.S. West Texas Intermediate crudes<\/strong><\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-8cf370e7 wp-block-group-is-layout-flex\">\n<p><strong>Did You Know?<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left\">Guyana\u2019s offshore production currently includes three medium-sweet crude grades:<\/p>\n\n\n\n<p class=\"has-text-align-left\">Liza \u2013 32\u00b0 API, 0.58% sulfur<\/p>\n\n\n\n<p class=\"has-text-align-left\">Unity Gold \u2013 34\u00b0 API, 0.41% sulfur<\/p>\n\n\n\n<p class=\"has-text-align-left\">Payara Gold \u2013 29\u00b0 API, 0.60% sulfur<\/p>\n\n\n\n<p><\/p>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guyana\u2019s new grade of crude oil, Golden Arrowhead, is set to be exported for the first time between late August and early September, according to the government of Guyana, as reported by Reuters. The new grade will come from the Yellowtail development, ExxonMobil Guyana\u2019s fourth offshore project operated by a consortium comprising ExxonMobil, Hess, and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1076,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":169,"footnotes":""},"categories":[2,15],"tags":[59,28,56],"class_list":{"0":"post-1075","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-featured","8":"category-offshore","9":"tag-fpso","10":"tag-oil-and-gas","11":"tag-sbm"},"_links":{"self":[{"href":"https:\/\/energyguyana.gy\/index.php\/wp-json\/wp\/v2\/posts\/1075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/energyguyana.gy\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/energyguyana.gy\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/energyguyana.gy\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/energyguyana.gy\/index.php\/wp-json\/wp\/v2\/comments?post=1075"}],"version-history":[{"count":2,"href":"https:\/\/energyguyana.gy\/index.php\/wp-json\/wp\/v2\/posts\/1075\/revisions"}],"predecessor-version":[{"id":1078,"href":"https:\/\/energyguyana.gy\/index.php\/wp-json\/wp\/v2\/posts\/1075\/revisions\/1078"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/energyguyana.gy\/index.php\/wp-json\/wp\/v2\/media\/1076"}],"wp:attachment":[{"href":"https:\/\/energyguyana.gy\/index.php\/wp-json\/wp\/v2\/media?parent=1075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/energyguyana.gy\/index.php\/wp-json\/wp\/v2\/categories?post=1075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/energyguyana.gy\/index.php\/wp-json\/wp\/v2\/tags?post=1075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}