Gulf Oil and Gas accountACCOUNT

VAALCO Commences New Drilling Campaign Offshore Gabon

Source: www.gulfoilandgas.com 10/16/2014, Location: Africa

VAALCO Energy, Inc announced the commencement of a new six well drilling campaign offshore Gabon on its Etame Marin block. The development drilling campaign follows the recent on-schedule installation of the Etame platform and the Southeast Etame/North Tchibala ("SEENT") platform. All work on this project was accomplished without a safety or environmental incident.

All six wells in the current drilling campaign are development wells and VAALCO has spudded the first well, Etame 8-H, using the contracted Transocean "Constellation II" jack-up rig. The Constellation II rig will be used to drill two additional development wells (Etame 9-H and 10-H), each targeting the Gamba sand formation in the Etame field, where VAALCO has been producing oil since 2002 utilizing subsea wells. First oil production from the Etame 8-H well is expected in December 2014.

The Constellation II will be mobilized to drill three additional development wells from the SEENT platform, beginning with a well to be drilled in the Southeast Etame field where the Company drilled a successful exploration well in 2010. The remaining two development wells in the six well campaign will target Dentale sand formations in the North Tchibala field.

The newly installed Etame and SEENT platforms are each equipped with eight well slots to provide for the option to drill up to five additional development wells from each platform after the completion of the current six well drilling campaign.

Steve Guidry, CEO, commented: "The spudding of the first well in this new drilling campaign offshore Gabon is a proud moment for VAALCO and the culmination of years of work. The successful installation of two new platforms to support production has been a complex operational undertaking involving employees throughout our Company and I could not be more proud of their collective achievement. We are now in a position to further develop the producing fields in the Etame Marin concession that have been the cornerstone of VAALCO's growth and the creation of shareholder value."

For more information about related Opportunities and Key Players visit West Africa Projects

Drilling News in Gabon >>

Australia >>  3/4/2021 - • WE4 second intermediate hole section reaches final section depth of 3,906m.
• Hydrocarbons shows observed throughout the entire hole section. <...

Colombia >>  3/4/2021 - Interoil Exploration and Production ASA is pleased to announce two transactions which strengthen the company’s production growth outlook in both Colom...

Guyana >>  3/4/2021 - Westmount Energy Limited, the AIM-quoted oil and gas investing company focussed on the Guyana-Suriname Basin reports that, further to its announcement...
Canada >>  3/3/2021 - Mark Jarvis, CEO of Shoal Point Energy Ltd. announced that drilling operations have commenced at the second well location of the Mount Evans project i...

Guyana >>  3/3/2021 - CGX Energy Inc. provided an update on the Kawa-1 and Makarapan-1 exploration wells and exploration program:
- The Kawa-1 exploration well on the...

Norway >>  3/2/2021 - Reference is made to the stock exchange notice of 25 January 2021 in which Odfjell Drilling Ltd announced the award of letters of intent with Lundin E...

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

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.