Petroleum and Chemical Industry International(PCII)
ISSN: 2639-7536 | DOI: 10.33140/PCII
Impact Factor: 0.719
Moise Bessong
Institute of Geological and Mining Research, P.O. Box 4110, Yaounde, Cameroon
Publications
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Research Article
Production Decline and Maturity Assessment of the Rio Del Rey Basin, Cameroon: A Decade-Long Analysis (2012–2022)
Author(s): Donald Kuiekem*, Salomon Dominique Edimo Kingue, Romeo Kuete Noupa, William Boroh, Moise Bessong and Ismaila Ngounouno
The Rio Del Rey Basin, historically Cameroon's primary hydrocarbon province, is undergoing irreversible structural decline that threatens the country's energy security and economic stability. This study presents a comprehensive quantitative assessment of the basin's maturity through analysis of production, drilling, and reserves data from the National Hydrocarbons Corporation (SNH) from 2012 to 2022. Our findings reveal a critical reserves renewal crisis, evidenced by a 0% oil Reserve Replacement Ratio (RRR) in 2021–2022 and continuous erosion of the oil Reserves to Production (R/P) ratio. Simultaneously, the gas R/P ratio experienced a dramatic plunge following the 2018 startup of the Hilli Episeyo FLNG facility, marking Cameroon's strategic transition toward gas exploitation. The root causes are identified as systematic abandonment of oil exploration coupled wi.. Read More»