How much crude oil is produced in Equatorial Guinea?
Equatorial Guinea Crude Oil: Production was reported at 81.295 Barrel/Day th in Dec 2022 See the table below for more data. Includes Crude Oil: Production on 62 economies standardised by CEIC. Instant access to full history data in excel.
Does Guinea have oil & gas reserves?
The extent of Guinea’s potential oil and gas reserves remains unknown, but promising. A U.S.-owned firm conducted oil exploration studies off Guinea’s coast. In February 2012, their first exploratory well uncovered oil of a non-commercial quality.
Did a US-owned oil company find oil in Guinea?
A U.S.-owned firm conducted oil exploration studies off Guinea’s coast. In February 2012, their first exploratory well uncovered oil of a non-commercial quality. In September 2017, their second exploratory offshore drilling reportedly did not find commercially exploitable quantities of oil.
What are the major consumers of Guinea’s oil & gas reserves?
Major consumers include mining companies, retail gasoline stations, and the state-owned electric utility’s diesel generators. The extent of Guinea’s potential oil and gas reserves remains unknown, but promising. A U.S.-owned firm conducted oil exploration studies off Guinea’s coast.