Gulf Oil and Gas accountACCOUNT

PanOcean Announces Rig & Plans to Commence Drilling in Gabon

Source: www.gulfoilandgas.com 4/1/2005, Location: Africa

Pan-Ocean Energy Corporation Limited together with its Etame coventurers announced that the GSF Aleutian Key semi-submersible rig is expected to arrive on location offshore Gabon on 27 April 2005 to commence the drilling of an exploration well on the Avouma South Prospect. The prospect is located approximately two kilometers south of the Avouma discovery made in July 2004.

Drilling should take approximately 30 days after which the rig will move to the Etame Field to commence the drilling and completion of the ET-6H development well. Production from the development well is anticipated in July. Should the rig be delayed for any reason, the consortium has the option to change the order in which the two wells are to be drilled.

The co-venturers also announced that the buyer of its crude successfully lifted approximately 420,000 barrels on 29 March 2005 bringing total liftings for the consortium in the month of March to approximately 1.0 million barrels (“mmbbl”), being a total of approximately 2.23 mmbbl (0.7 mmbbl net PanOcean) for Q1 2005.

Drilling News in Gabon >>

Indonesia >>  10/15/2019 - Coro Energy, the Southeast Asian focused upstream oil and gas company, has provided an operational update in relation to the drilling campaign in the ...
Azerbaijan >>  10/14/2019 - Zenith Energy, the international oil & gas production company operating the largest onshore oilfield in Azerbaijan, has provided an update on its dril...

United Kingdom >>  10/13/2019 - Spirit Energy and partner Dana Petroleum are drilling a new well at the Chestnut field by Q1 2020, extending its life by as much as three additional y...
Trinidad and Tobago >>  10/11/2019 - Columbus Energy, the oil and gas producer and explorer with operations in Trinidad and Suriname, has provided an update on the Saffron well in the Sou...

Bahamas >>  10/10/2019 - Bahamas Petroleum Company, the oil and gas exploration company with significant prospective resources in licences in The Commonwealth of The Bahamas, ...
Egypt >>  10/10/2019 - TransGlobe Energy Corporation (TransGlobe) (“TGA”) announces an operations update. ...

Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


Gabon Oil & Gas 1 >>  2 | 3 | 4 |

Oil & Gas Projects in Gabon >>

More News

Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.