The disputed region’s territorial waters contain the Exxon-operated 6.6-million-acre Stabroek Block, which holds an estimated 11 billion barrels of oil and Guyana’s only operational oilfields. Those facilities indicate just how rapidly Guyana’s oil production will expand. Indeed, the volume of Guyana’s oil shipments to the U.S. has been climbing at a solid clip since 2020. Guyana’s massive oil boom, which is still in the early stages of development, is rewriting the global energy map. Along with Brazil and Argentina, the former British colony is leading a major surge in non-OPEC petroleum production growth.