Country Report
Equatorial Guinea upstream summary
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Report summary
Equatorial Guinea is the fourth largest hydrocarbons producer in Sub-Saharan Africa - but production is in long-term decline after a peak of 380,000 b/d in 2005.All production comes from the offshore Niger Delta (Rio del Rey) and Douala basins - key developments include Alba, Zafiro and Ceiba and Okume. The most recent oil development, Noble Energy's Aseng field, has helped offset some near-term decline. Gas production is limited to the Alba field which supplies EG LNG.Equatorial ...
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
-
Geology
- Introduction
-
Rio del Rey Basin
- Regional setting
- Stratigraphy
- Reservoir characteristics
- Tectonics and structure
- Source rocks
-
Douala basin
- Regional setting
- Stratigraphy
- Source rocks
-
Exploration
- Licensing
-
Drilling
- Drilling activity
- Early Exploration
- 1990s
- 2000s
- 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
-
Capital costs
-
Policy and regulation
- Key legislation
- State participation
- Licensing
-
Fiscal terms
- Current fiscal terms
-
Overview
- Upstream
- Mid/Downstream
-
Current fiscal terms
- Government equity participation
- Bonuses, rentals and fees
- Indirect taxes
- Royalty
- PSC production sharing
- PSC cost recovery
- PSC profit sharing
- Corporate income tax
- Fiscal treatment of decommissioning costs
- Product pricing
- Summary of modelled terms
-
Historical background
- 1980s
- 1990s
- 2000s
Tables and charts
This report includes 26 images and tables including:
- Key facts: Table 1
- Country Map
- Remaining Commercial and Technical Reserves at 01/01/2019
- Liquids and Gas Production 2019
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Acreage Map
- Production: Table 1
- Production: Table 2
- Liquids Production
- Production: Table 3
- Production: Table 4
- Gas Production
- Drilling Activity by Well Type
- Drilling activity and commercial success rates
- Costs: Table 1
- Costs: Table 2
- Operating Expenditure by Region (US$ Million)
- Fiscal terms: Table 1
- Fiscal terms: Table 2
- Fiscal terms: Table 3
- Fiscal terms: Table 4
- Fiscal terms: Table 5
- Fiscal terms: Table 6
- Fiscal terms: Table 7
- Fiscal terms: Table 8
What's included
This report contains:
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