Gulf Oil and Gas accountACCOUNT

Provides Rig Update for New Ebouri and Etame Wells

Source: www.gulfoilandgas.com 11/7/2008, Location: Africa

VAALCO Energy, Inc. announced that production at its Etame and Avouma / Tchibala fields in offshore Gabon, West Africa, has successfully been restored following the planned upgrade to the Floating Production, Storage and Offloading (FPSO) facility serving these fields.

During the upgrade, VAALCO installed an expanded flare system and increased the water processing capacity at the FPSO to accommodate production from VAALCO’s planned development well in Ebouri. The upgrade proceeded as expected, with the Company returning to full production in 3.5 days, which is less than the five to seven day timeframe that was originally anticipated.

“We are pleased that the FPSO upgrade was carried out successfully with production from the wells in the Etame and Avouma / Tchibala fields now back to normal levels,” said Robert L. Gerry, III, Chairman and CEO.

VAALCO also provided an update on the rigs for its new Ebouri and Etame wells.

For the development well in the Ebouri field, the Adriatic 6 came on hire to VAALCO on November 6 and is currently under tow to Gabon. The jack-up drilling rig is expected to be on location by mid-November with drilling to commence shortly thereafter. First oil production from this well is expected in January 2009. VAALCO continues to expect production at a rate sufficient to bring the Company’s total production to approximately 25,000 bpd.

In the Etame block, VAALCO plans three exploratory wells, as previously announced. The jack-up drilling rig, Pride Cabinda, is expected to be on location by mid-November as planned. Drilling will commence shortly thereafter and the wells will be drilled back to back.



FPSO Vessels and Equipment News in Gabon >>

Brazil >>  11/12/2019 - MODEC, Inc. (MODEC,), Mitsui & Co., Ltd. (Mitsui), Mitsui O.S.K. Lines, Ltd. (MOL) and Marubeni Corporation (Marubeni) have agreed that Mitsui, MOL an...
Brazil >>  11/12/2019 - Solstad Offshore ASA has entered into a new contract for AHTS BOS Turmalina (2006, UT 722L, 165t BP) with Enauta Energia S.A in Brazil. The new charte...

United Kingdom >>  11/12/2019 - TechnipFMC (FTI) announced its intent to sell the G1201 vessel as part of its overall strategy to optimize the profile and size of its subsea fleet. F...
United Arab Emirates >>  11/5/2019 - GMS announces the award of a 4-year contract (firm period) for a K-Class (Small) vessel. GMS's customer is a Middle East national oil company, for whi...

Angola >>  10/29/2019 - BOURBON & SONASURF are proud to announce the signing of a 3-year cooperation agreement with TOTAL in Angola for the deployment of the Smart shipping p...
Poland >>  10/25/2019 - Viking Supply Ships AB (“the Group”) has in partnership with funds managed by Borealis Maritime entered into a contract to purchase two vessels curren...

Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


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.