VAALCO Energy Brings Offshore Southeast Etame On-stream

Published at 07:38PM - 20/07/15

Houston based VAALCO Energy, have announced their Southeast Etame 2-H well, offshore Gabon is on-stream.

The Southeast Etame 2-H well is the first to be developed in the Southeast Etame field. VAALCO has stated since coming on-stream, the Etame well shows a production rate of around 3,400 barrels of oil equivalent per day. Of this, VAALCO will be entitled to around 850 barrels per day, through its working interest in the field.

VAALCO went further stating the offshore Etame 2-H oil well shows no signs of water, hydrogen sulphide (H2S) and all downhole submersible pumps are operating at their lowest settings.

The Etame 2-H is a well offshore Gabon, that has been drilled to target a formation known as the ‘Gamba’, found in a previous exploration by VAALCO back in 2010.

The well has been drilled by Transocean’s Constellation II jackup rig. Since completing the Etame 2-H, the Constellation II has since moved on to drilling the North Tchibala 1-H well, on the same platform. The North Tchibala 1-H is aiming to target the separate Dentale formation.

The Etame field is a joint venture between VAALCO (28.1%);  Addax (31,36%); Sasol (27,75%); Energy Africa Gabon S.A.  (7,5%); Sojitz (2,98%) and Petro Energy Resources (2,34%). VAALCO is the field operator.