Hess says Guyana production could hit 1.5 million bpd before 2030

With every new discovery off the coast of Guyana, analysts have been ramping up their projections for output, making it clear that the new oil producing nation is on course to become one of Latin America’s top producers, potentially second only to Brazil. Now, co-venturer at the Stabroek Block, Hess Corporation, says it estimates that the country will be producing upwards of 1.5 million bpd before the end of the decade