Country report
| |
37 Pages

Gabon upstream summary


Gabon upstream summary

Report summary

Gabon is the fifth largest oil producer in Sub-Saharan Africa and output is expected to be 247,000 b/d in 2016. Oil production began in 1965 from the Gabon and Lower Congo Basins. Production peaked at 367,000 b/d in 1996, but has since been in decline. Reserve replacement has been poor and the pipeline of undeveloped projects is limited. Wood Mackenzie estimates 2P reserves at around 757 million barrels of liquids. Perenco has overtaken Total Gabon as the country's biggest producer with ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 607.08 KB 37 Pages, 15 Tables, 11 Figures
  • Country Overview XLS - 519.50 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
    • Basin Structure and Tectonics
      • Southern Sub-Basin Structure
      • Northern Sub-Basin and Interior Basin Structure
      • Salt Structures
      • Post-salt Fractures in the Northern Sub-Basin
    • Southern Sub-Basin Stratigraphy
      • Pre-Rift Stratigraphy (Upper Jurassic)
      • Syn-Rift Stratigraphy (Berriasian - Early Aptian)
    • R1
      • Lower Cretaceous Basal Sandstone Group (Berriasian - Hauterivian)
      • Lower Cretaceous Kissenda Shale and Sandstone (Berriasian - Hauterivian)
    • R2
      • Melania Formation (Hauterivian - Early Barremian)
    • R3
      • Melania Organic Shale (Mid Barremian)
      • Dentale Formation R3 (Upper Barremian)
      • Transitional-Early Drift Stratigraphy
      • Gamba Formation (Early Aptian)
      • Ezanga Formation (Late Aptian)
      • Late Drift (post-salt) Stratigraphy
      • Madiela Formation (Late Aptian to Albian)
      • Cap Lopez Formation (Cenomanian)
      • Azile Formation (Turonian)
      • Anguille, Pointe Clairette, Ewongue (Batanga), N'Goumbi and Weze Formations (Late Cretaceous and Palaeocene)
      • Ikando and Ozouri Formations (Palaeocene to Early Eocene)
      • Eocene to Early Miocene Unconformity (Erosional Event)
      • Miocene to Holocene Reservoirs
    • Interior Basin Stratigraphy
    • North Sub-Basin Stratigraphy
    • Petroleum Plays
      • Pre-salt Plays
      • Post-salt Plays
  • Exploration
    • Licensing
      • Recent Licensing
      • 2008-2012 Licensing
      • 2002 - 2007 Licensing
      • Early Licensing
    • Drilling
      • Drilling activity
      • Future Drilling
      • 2000s
      • 1980s and 1990s
      • Early Drilling (1934-1980)
  • Reserves and resources
    • Commercial reserves
    • Technical reserves
  • Production
    • Oil/Liquids
    • Gas
      • Perenco Gas Sales
      • Shell's Gas Reserves
      • Eni's Gas Reserves
      • Gas Flaring Penalties
  • Infrastructure
    • Oil infrastructure
    • Terminals
      • Cap Lopez
      • Gamba
      • FSO Mayumba
      • FPSO Petroleo Nautipa
      • FSO Fernan Vaz
      • FPSO Knock Allan
    • Refineries
  • Costs
    • Capital costs
      • Capital expenditure by location
    • Operating costs
      • Operating expenditure by location
  • Policy and regulation
    • Key legislation
      • 2014 Petroleum Code
      • Previous Fiscal Framework
    • Regulatory body
    • State participation
    • Licensing
      • Concessions
      • Production Sharing Contracts
  • Fiscal terms
    • Overview
      • Upstream
      • Mid/Downstream
    • Current fiscal terms
    • Concessions
      • State Equity Participation
      • Bonuses, Rentals and Fees
      • Royalty and Other Production Taxes
      • Domestic Market Obligation (DMO)
      • Contractor Revenue Entitlement
      • Corporate (or Petroleum) Income Tax
      • Fiscal/Contractual Ring-Fences
      • Dividend Withholding Tax
      • Other Taxes
    • Production Sharing Contracts (PSCs)
      • State Equity Participation
      • Bonuses, Rental and Fees
      • Indirect Taxes
      • Royalty and Other Production Taxes
      • Domestic Market Obligation (DMO)
      • PSC Cost Recovery
      • PSC Profit Sharing
      • Local content provisions
      • Abandonment provisions

In this report there are 26 tables or charts, including:

  • Executive summary
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Location maps: Image 1
  • Key companies
    • Remaining Commercial and Technical Reserves at 01/01/2016
    • Liquids and Gas Production 2016
  • Geology
    • Geological Structure of Gabon
    • Cretaceous to Recent Stratigraphy of the South Gabon Sub-Basin
    • Early Cretaceous Stratigraphy in North Sub-Basin and Interior Basins
  • Exploration
    • Drilling Activity by Well Type
  • Reserves and resources
    • Reserves and resources: Table 1
    • Reserves and resources: Table 2
  • Production
    • Production: Table 1
    • Production: Table 2
    • Production: Table 3
    • Production: Table 4
    • Gabon Oil Production
    • Gabon Gas Production
  • Infrastructure
  • Costs
    • Costs: Table 1
    • Costs: Table 2
    • Country Capital Expenditure (US$ Million)
    • Costs: Table 3
    • Costs: Table 4
    • Operating Expenditure by Region (US$ Million)
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
    • Fiscal terms: Table 3
    • Fiscal terms: Table 4
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.