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Equatorial Guinea Resource Reserves (2026)

1987

2021

Source: U.S. Energy Information Administration · Updated June 2026

1987

2021

What to know

Equatorial Guinea had a diversified reserves profile spanning oil and gas. Its holdings came to 1.100 billion barrels of oil and 4.909 trillion cubic feet of gas.

Key reserves

Oil reserves (2021)

1.10 B bbl

Natural gas reserves (2021)

4.91 TCF

Key terms

Proved reserves: — Quantities of crude oil or natural gas that geological and engineering data demonstrate with reasonable certainty are recoverable under existing economic and operating conditions.
Recoverable reserves: — Coal that can be technically and economically extracted with current mining methods at current prices. Excludes inaccessible deposits.
Billion barrels (B bbl): — Unit for oil reserves. One barrel equals 42 US gallons or about 159 litres.
Trillion cubic feet (TCF): — Unit for natural gas reserves. One TCF is roughly 28.3 billion cubic metres.
Million short tons (M ST): — Unit for coal reserves. One short ton equals 2,000 lb or 907 kg.

Crude oil proved reserves

In 2021, Equatorial Guinea had 1.100 billion barrels of proved crude oil reserves. Over the prior decade, those reserves held roughly steady.

Natural gas proved reserves

In 2021, Equatorial Guinea held 4.909 trillion cubic feet of proved natural gas reserves. Reserves grew significantly over the prior decade (+278%).

The bottom line

Equatorial Guinea held meaningful stocks across oil and gas, which gave it flexibility across global energy markets. Reserve estimates had been revised upward over the past decade, reflecting new discoveries or improved recovery technology.

Source: U.S. Energy Information Administration · Updated June 2026

What to know

Equatorial Guinea had a diversified reserves profile spanning oil and gas. Its holdings came to 1.100 billion barrels of oil and 4.909 trillion cubic feet of gas.

Key reserves

Oil reserves (2021)

1.10 B bbl

Natural gas reserves (2021)

4.91 TCF

Key terms

Proved reserves: — Quantities of crude oil or natural gas that geological and engineering data demonstrate with reasonable certainty are recoverable under existing economic and operating conditions.
Recoverable reserves: — Coal that can be technically and economically extracted with current mining methods at current prices. Excludes inaccessible deposits.
Billion barrels (B bbl): — Unit for oil reserves. One barrel equals 42 US gallons or about 159 litres.
Trillion cubic feet (TCF): — Unit for natural gas reserves. One TCF is roughly 28.3 billion cubic metres.
Million short tons (M ST): — Unit for coal reserves. One short ton equals 2,000 lb or 907 kg.

Crude oil proved reserves

In 2021, Equatorial Guinea had 1.100 billion barrels of proved crude oil reserves. Over the prior decade, those reserves held roughly steady.

Natural gas proved reserves

In 2021, Equatorial Guinea held 4.909 trillion cubic feet of proved natural gas reserves. Reserves grew significantly over the prior decade (+278%).

The bottom line

Equatorial Guinea held meaningful stocks across oil and gas, which gave it flexibility across global energy markets. Reserve estimates had been revised upward over the past decade, reflecting new discoveries or improved recovery technology.

Equatorial Guinea Resource Reserves (2026)

Equatorial Guinea Resource Reserves (2026)

Cameroon

Gabon

Albania

Gabon

Botswana

Lesotho

Guinea-Bissau

Slovenia

Latvia

North Macedonia

Bahrain

Kosovo

Trinidad and Tobago

Timor-Leste

What to know

Key reserves

Crude oil proved reserves

Natural gas proved reserves

The bottom line

Cameroon

Gabon

Albania

Gabon

Botswana

Lesotho

Guinea-Bissau

Slovenia

Latvia

North Macedonia

Bahrain

Kosovo

Trinidad and Tobago

Timor-Leste

What to know

Key reserves

Crude oil proved reserves

Natural gas proved reserves

The bottom line