Country report
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27 Pages

Equatorial Guinea upstream summary


Equatorial Guinea upstream summary

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 includes 2 file(s)

  • Country Overview PDF - 645.96 KB 27 Pages, 15 Tables, 10 Figures
  • Country Overview XLS - 555.00 KB

Description

Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
  • Geology
    • Introduction
    • Rio del rey basin
      • Regional Setting
      • Basin Formation
      • Delta Morphology
      • Stratigraphy
      • Reservoir Characteristics
      • Tectonics and Structure
      • Source Rocks
    • Douala basin
      • Regional Setting
      • Basin Formation
      • Stratigraphy
      • Source Rocks
  • Exploration
    • Licensing
      • Early Licensing
      • 1990s Licensing
      • Deepwater Licensing
      • 2002 to 2006
      • 2006 Licensing Round
      • 2007 - 2016
    • Drilling
      • Drilling activity
      • Early Exploration
      • 1990s
      • 2000s
      • Recent activity
      • Recent activity
      • Success rates
      • Future drilling plans
  • Reserves and resources
  • Production
    • Oil
    • Gas
  • Infrastructure
    • Introduction
    • Oil infrastructure
    • Gas infrastructure
  • Costs
    • Capital costs
      • Capital expenditure by location
    • Operating costs
      • Operating expenditure by location
  • Policy and regulation
    • Key legislation
    • State participation
    • Licensing
  • Fiscal terms
    • Current fiscal terms
    • Overview
    • Upstream
    • Mid/Downstream
      • Pipelines
      • Gas Utilisation
    • Production Sharing Contracts
      • 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
    • Historical background
      • 1980s
      • 1990s
      • 2000s

In this report there are 25 tables or charts, including:

  • Executive summary
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Country Map
  • Key companies
    • Remaining Commercial and Technical Reserves at 01/01/2016
    • Liquids and Gas Production 2015
  • Geology
    • Rio Del Rey and Douala Basins Map
  • Exploration
    • Exploration: Table 1
    • Exploration: Table 2
    • Acreage Map
    • Drilling Activity by Well Type
    • Drilling Activity and Commercial Success Rates
  • Reserves and resources
    • Reserves and resources: Table 1
    • Reserves and resources: Table 2
  • Production
    • Production: Table 1
    • Production: Table 2
    • Liquids Production
    • Production: Table 3
    • Production: Table 4
    • Gas Production
  • Infrastructure
  • Costs
    • Costs: Table 1
    • Costs: Table 2
    • Operating Expenditure by Region (US$ Million)
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
    • Fiscal terms: Table 3
    • GEM Models
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