Country Report
Equatorial Guinea upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Equatorial Guinea is the fifth largest hydrocarbon producer in Sub-Saharan Africa after Nigeria, Angola, Congo, and Gabon. Production comes from the offshore Niger Delta (Rio del Rey) and Douala basins. The biggest oil developments are Ceiba and Okume in block G and Zafiro.The Aseng field on Block I, which came online in 2011, has offset declines from the more mature fields. Liquid production suffered a blow in Q3 2022 when the Zafiro Producer FPSO on Block B was shut in after it started ...
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
- 2010s
- 2020s
- Success rates
- Future drilling plans
- Reserves and resources
-
Production
- Liquids
- Gas
-
Infrastructure
- Introduction
- Oil infrastructure
- Gas infrastructure
-
Costs
-
Capital costs
- Capital expenditure by location
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Operating costs
- Operating expenditure by location
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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
- Corporate income tax (CIT)
- Fiscal treatment of decommissioning costs
- 2 more item(s)...
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Historical background
- 1980s
- 1990s
- 2000s
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Country map
- Reserves and contingent resources at 01/01/2025
- Liquids and Gas Production 2024
- Net Acreage 2025
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Acreage map
- Production: Table 1
- Production: Table 2
- Liquids production by type
- Liquids production by project
- 16 more item(s)...
What's included
This report contains:
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