Chemical looping dry reforming of methane (CL-DRM) is a viable technology by converting CH4 and CO2 to various value-added products to achieve carbon neutrality. However, it is vital for the technology to find suitable oxygen carriers with high oxygen capacity and activity. La0.35Sr0.35Ba0.3Fe1-xCoxO3 perovskite-type oxides were proposed as oxygen carriers for CL-DRM. The oxygen (O2) release property and the kinetics of La0.35Sr0.35Ba0.3Fe1-xCoxO3 reduction by CH4 were investigated via thermogravimetric analysis, O2-temperature programmed desorption and then in a fixed-bed reactor. The O2 release process of La0.35Sr0.35Ba0.3Fe1-xCoxO3 OCs can be divided into two phases. The O2 release process and corresponding rate of OCs were facilitated due to the substitution of Fe with Co in B-site. The total amounts of O2 release for these OCs were enhanced about 1.5 times from 0.445 mmol/gOC to 0.706 mmol/gOC as Co atomic fraction in B-site changes from 0 to 1. The linear correlation for high temperature phase and a volcano-curve for low temperature phase was found for the correlations among total O2 release and Co content during the O2 release process. The reduction kinetics of CH4 over OCs was described using the Avrami–Erofe'ev model (A1.5 or A2). The values of apparent activation energy (Ea) for all OCs were obtained. The results indicated the best substitution proportion of Co in La0.35Sr0.35Ba0.3Fe1-xCoxO3 OCs can be set in the range of 0.2–0.4 to emerge the excellent redox performance. The kinetics models and parameters offer valuable information for CL-DRM reactor design and further development of OCs with different A or/and B-site modifications.