Gulf Oil and Gas accountACCOUNT

BW Offshore Provided Update on Oil & Gas Segment

Source: www.gulfoilandgas.com 1/8/2018, Location: Africa

BW Offshore is hosting a presentation focusing on the company's Gabon/Dussafu license field development activities, particularly giving details of progress in bringing on-stream the Tortue Field. The presentation is attached.

The presentation also contains new preliminary reserve estimates for Tortue from independent reserves auditors Netherland, Sewell & Associates Inc. (NSAI) from December 2017.

NSAI has calculated the following estimates of total gross economically recoverable oil reserves, derived from the assumed production from four oil wells in the Tortue field:

- Proved (1P) reserves of 15.9 million bbls
- Proved + Probable (2P) reserves of 23.5 million bbls
- Proved + Probable + Possible (3P) reserves of 31.4 million bbls

The NSAI reserves review does not include the other 3 discovered fields in the license, known as Ruche, Moubenga and Walt Whitman. Also, the independent reserves review does not address prospective resources within the EEA.

The event is being held today, 8 January 2018, at 13:00 CET at The Thief, Landgangen 1 in Oslo, Norway and is hosted by CEO Carl K. Arnet and Lin Espey, Managing Director of BW Energy.

Reservoir/Completion Consultants News in Gabon >>

Mozambique >>  10/9/2019 - TechnipFMC announces that JFT – a consortium between JGC Corporation (JGC), Fluor Corporation (Fluor) and TechnipFMC has been awarded an Engineering, ...
Egypt >>  10/8/2019 - President Nicos Anastasiades of Cyprus said energy is one of the most important axes for the trilateral cooperation mechanism involving Egypt, Greece ...

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 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.