Country Report

Cameroon upstream summary

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Cameroon's liquid production has entered terminal decline. The country's upstream sector is mature, with production dating back to 1977. Output peaked at 165,000 b/d in 1988, but has since entered prolonged decline, averaging 5% annually over the past decade. This downturn has accelerated sharply recently, with production dropping more than 10% year-on-year, to 54,000 b/d in 2025. While recent investments by operators Addax and Perenco are expected to slow the rate of decline, they ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
    • Niger Delta basin (Rio del Rey)
      • Regional setting
      • Tectonic evolution
      • Stratigraphy
    • Douala basin
      • Regional setting
      • Tectonic evolution
      • Source rocks
      • Reservoirs and seals
      • Key Differences from Southern basins
      • The Southern Offshore basin (Kribi Campo sub-basin)
      • Northern Offshore Douala basin
      • Onshore Douala basin
    • Licensing
      • 2025-2026 licensing round
      • 2018 licence round
      • Douala basin
      • Rio del Rey basin
      • Northern Cameroon
    • Drilling
      • Drilling activity
      • Douala basin
      • Rio del Rey basin
      • Success rates
    • Reserves
    • Contingent volumes
      • Liquids
      • Gas
    • Oil
    • Gas
    • Emissions
    • Oil infrastructure
      • Crude export facilities
      • Gas infrastructure
      • Refinery
      • The Chad-Cameroon Pipeline
    • Capital costs
      • Capital expenditure by location
    • Operating costs
      • Operating expenditure by location
    • Key legislation
    • State oil company
    • Licensing
      • Prospecting licence
      • Exploration licence
      • Production licence
    • Overview
      • Upstream
      • Midstream/downstream
    • Current fiscal terms
    • Production sharing contracts
      • State equity participation
      • Bonuses, rentals and fees
      • Royalty and other production taxes
      • Domestic market obligation (DMO)
      • Profit oil share
      • Contractor revenue entitlement
      • Product pricing
      • Corporate (or petroleum) income tax
    • Concession agreements
      • State equity participation
      • Carry & reimbursement
      • Bonuses, rentals and fees
      • Royalty and other production taxes
      • Domestic market obligation (DMO)
      • Product pricing
      • Corporate (or petroleum) income tax
      • Fiscal/contractual ring-fences
      • 1 more item(s)...

Tables and charts

This report includes the following images and tables:

    Key facts: Table 1Country mapReserves and contingent resources at 01/01/2026
    Liquids and Gas Production 2026Reserves and resources: Table 1Production: Table 1Production: Table 2Liquid production by main producing areasProduction: Table 3Production: Table 4Gas productionExploration: Table 1
  • 15 more item(s)...

What's included

This report contains:

  • Document

    Country Overview

    PDF 9.04 MB

  • Document

    Country Overview

    XLS 764.50 KB