Past, Present and Future of Equatorial Guinea Mineral and Hydrocarbon Resources: A Detailed Review

Tomás M. Esolá
Mining and Oil&Gas, Oviedo University School of Mines, Oviedo, Spain

At the end of 1996, Equatorial Guinea had 0.6 thousand million barrels of oil proved reserves. Only ten years later this reserves were up to 1.6 thousand million barrels. In the production side data are included in a similar oil "boom": 17 thousand barrels daily at the end of 1996 versus 358 thousand barrels daily at the end of 2006.

This kind of gigantic growing in the oil market requires a detailed, completed and integreted revision of the Equatorialguinean oil&gas and emergent mining industries Past, Present and Future forecast, inexistent at the moment.

In the past review this revision is divided in three timed intervals: pre-colonial (till 1777), colonial (1777-1968) and post-colonial (1969-2006) with new sources in the international scientific record.

This presentation will begin with a deep revision of the Equatorialguinean geology and will integrate all disposable information and results about oil&gas and mining prospection and production along the Spanish pre and post-colonial periods, and so on with the registered private iniciatives that prevailed after the beginning 80'.

All this conventional geological data and oil&gas and mining data will be included in a GIS support (ArcGis) and will be crossed to recent satellite remote sensing information (landsat bands and other)for a critical validation and as a basement for conclusions, a critical review and a forecast for next decades about onshore and offshore prospection and production.

AAPG International Conference and Exhibition, Cape Town, South Africa 2008 © AAPG Search and Discovery