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Gabon Oil and Gas Report Q3 2015

102 Pages BMI Research July 08, 2015 SKU: BMI5621710

BMI View: The outlook on Gabon's upstream sector is relatively bearish, as maturing oilfields and a lackof new production push output into terminal decline. New fiscal terms that increase the state's role in the oiland gas sector and levies imposed on the operators are also likely to add downside to the productionprofile. However, shallow water pre-salt developments offer substantial upside risk, in the second half ofour forecast period. Deepwater pre-salt exploration remains highly prospective, although may feel strain ina lower oil price environment. We expect little growth in the upstream gas sector, due to the lack of exportoptions and limited demand domestically.

The main trends and developments we highlight for Gabon's oil and gas sector are as follows:

While we expect some near-term gains in oil production, the longer term trend for Gabon's oil sector isone of decline, due to both natural depletion at maturing fields and limited new production coming onstream. The Dussafu pre-salt development poses upside risk to our forecast from 2018.

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Gabon Oil and Gas Report Q3 2015

BMI Research
July 08, 2015

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Report with 3 quarterly updates
Report with 3 quarterly updates - 3 User License
Report with 3 quarterly updates - 5 User License
Report with 3 quarterly updates - Departmental/Site License
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