Gulf Oil and Gas accountACCOUNT

Panoro Finds Oil Discovery at Dussafu, Offshore Gabon

Source: www.gulfoilandgas.com 8/31/2018, Location: Africa

Panoro Energy is pleased to announce an oil discovery in the Ruche North East Marin-1 ("DRNEM-1") well drilled in the Dussafu Marin PSC, offshore Gabon.

The DRNEM-1 well was drilled to identify additional oil resources in the pre-salt Gamba and Dentale Formations in the greater Ruche area, and completed within budget. These resources may be developed together in the future with the existing Ruche field discoveries made by Panoro in 2011 and located 3km to the south west.

Drilled with the Borr Norve jackup unit in 115 metres water depth, the DRNEM-1 well reached a vertical depth of 3,400 meters within the Dentale Formation. Log evaluation, pressure data and fluid samples indicate that approximately 15 metres of good quality oil pay was encountered in the Gamba Formation and 25 metres of oil pay in stacked reservoirs within the Dentale Formation. Additional technical evaluation in currently being undertaken to appraise this discovery.

The forward plan includes a sidetrack which will appraise the Dentale sands in an updip location and the lateral extent of the Gamba reservoir. Panoro expects to provide a further update in September.

John Hamilton, CEO of Panoro said: "This is another exciting oil discovery at Dussafu, where since 2011 we have had an outstanding drilling success rate with 9 consecutive well penetrations finding oil. We are pleased by this positive result and we are now moving forward with the appraisal programme".

As previously announced, the FPSO Adolo has arrived in Gabon, and is now connected to the mooring system. First oil is estimated for approximately late September or early October, 2018.

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

Exploration News in Gabon >>

Australia >>  5/29/2020 - Melbana Energy Limited has been advised by the National Offshore Petroleum Titles Administrator that its application for a 12 month suspension of the ...
Australia >>  5/25/2020 - Queensland continues to take the lead on gas supply for the domestic market, with Santos and Denison Gas the latest to take up the hunt in the state’s...

Egypt >>  5/23/2020 - The Ministry of Petroleum and Mineral Resources said it signed seven agreements on natural gas exploration with total investments worth 975 million do...
Lebanon >>  5/19/2020 - Monday 1 June 2020 is the new deadline to submit the licensing round applications for the Lebanon Second Offshore Licensing Round. Adapting to current...

Mauritania >>  5/19/2020 - Confidence had returned to global exploration with improved performance and the emergence of several new multi-billion barrel plays. The confidence ca...
China >>  5/18/2020 - According to the relevant provisions of the Regulations of the People's Republic of China on the Exploitation of Offshore Petroleum Resources in Coope...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/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.