Country report

Equatorial Guinea upstream summary

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Report summary

Equatorial Guinea is the third largest producer of oil in Sub-Saharan Africa, behind Nigeria and Angola. Production is in long-term decline and peaked at 380,000 b/d in 2005.Production comes from the offshore Niger Delta (Rio del Rey) and Douala basins, situated to the west and southwest of Bioko Island. Key developments include Alba, Zafiro and Ceiba and Okume. New developments such as Noble Energy's Aseng field are offsetting some of the near-term decline. Gas production has remained ...

What's included

This report contains

  • Document

    Country Overview

    PDF 644.93 KB

  • Document

    Country Overview

    XLS 511.00 KB

  • Document

    Country Overview

    ZIP 1.06 MB

  • Document

    Executive summary

    PDF 77.54 KB

  • Document

    Key facts

    PDF 66.23 KB

  • Document

    Location maps

    PDF 198.72 KB

  • Document

    Key companies

    PDF 96.54 KB

  • Document

    Geology

    PDF 152.49 KB

  • Document

    Exploration

    PDF 213.79 KB

  • Document

    Reserves and resources

    PDF 92.97 KB

  • Document

    Production

    PDF 118.33 KB

  • Document

    Infrastructure

    PDF 70.17 KB

  • Document

    Costs

    PDF 101.43 KB

  • Document

    Policy and regulation

    PDF 79.78 KB

  • Document

    Fiscal terms

    PDF 118.04 KB

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
      • Regional Setting
      • Basin Formation
      • Delta Morphology
      • Stratigraphy
      • Reservoir Characteristics
      • Tectonics and Structure
      • Source Rocks
      • Regional Setting
      • Basin Formation
      • Stratigraphy
      • Source Rocks
      • Early Licensing
      • 1990s Licensing
      • Deepwater Licensing
      • 2002 to 2006
      • 2006 Licensing Round
      • 2007 - 2015
      • 2016 Licencing Round
      • Drilling activity
      • Early Exploration
      • 1990s
      • 2000s
      • Recent activity
      • Recent activity
      • Success rates
      • Future drilling plans
  • Reserves and resources
    • Oil
    • Gas
    • Introduction
    • Oil infrastructure
    • Gas infrastructure
    • Key legislation
    • State participation
    • Licensing
    • Current fiscal terms
    • Overview
    • Upstream
      • Pipelines
      • Gas Utilisation
      • NOC Equity Participation
      • Bonuses, Rentals and Fees
      • Indirect Taxes
      • Royalty and Other Production Taxes
      • Domestic Market Obligation (DMO)
      • PSC Cost Recovery
      • PSC Profit Sharing
      • Contractor Revenue Entitlement
      • Product Pricing
      • Corporate (or Petroleum) Income Tax
      • Taxable Income
      • Tax Rate
      • Fiscal / Contractual Ring-Fences
      • 1980s
      • 1990s
      • 2000s

Tables and charts

This report includes 24 images and tables including:

Images

  • Country Map
  • Remaining Commercial and Technical Reserves at 01/01/2017
  • Liquids and Gas Production 2015
  • Rio Del Rey and Douala Basins Map
  • Liquids Production
  • Gas Production
  • Acreage Map
  • Drilling Activity by Well Type
  • Drilling Activity and Commercial Success Rates
  • Operating Expenditure by Region (US$ Million)

Tables

  • Key facts: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Production: Table 1
  • Production: Table 2
  • Production: Table 3
  • Production: Table 4
  • Exploration: Table 1
  • Costs: Table 1
  • Costs: Table 2
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2
  • Fiscal terms: Table 3
  • GEM Models

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