Petroleum Africa
Find us on: 
Thursday, May 9, 2024
BW Energy announced that the DHBSM-2P pilot well confirms that the Hibiscus South deposit extends into the northern part of the field with good reservoir quality, increasing reserve estimates. The company plans to complete the well as a production well later in 2024.
The DHBSM-2P pilot was drilled from the MaBoMo production platform to a total depth of 5,130 metres. The target area is located approximately 3.2 kms west-northwest of the MaBoMo and was drilled by the Borr Norve jack-up rig. Evaluation of logging data, sample examination and formation pressure measurements confirm approximately 25 meters of pay in an overall hydrocarbon column of 35 meters in the Gamba formation.
The well data provides additional confirmation that the Hibiscus South structure is a separate accumulation with a deeper oil-water contact than the nearby Hibiscus Field. This will enable the Company to book additional reserves not currently included in its annual statement of reserves and provide the opportunity to drill one or more additional production wells from the MaBoMo facility.
“We continue to increase the production and reserve base through low-cost and low-risk development activity in line with BW Energy’s strategy,” said Carl K. Arnet CEO of BW Energy. “The Hibiscus South pilot well is another confirmation of the significant potential of the Dussafu license which holds multiple additional prospects.”
Preliminary evaluation indicates gross recoverable reserves of 5 to 6 million barrels of oil and approximately 14 million barrels of oil in place.
" alt="Masdar, Infinity, and Hassan Allam Ink Land Deal for 10GW Wind Farm in Egypt">
" alt="Chariot Spuds Latest Prospect Onshore Morocco">
" alt="Saipem Awarded $850 Million Agogo Contract Offshore Angola">
" alt="TAG Oil Encouraged by BED4-T100 Production Test Results">
" alt="Seplat Commissions Nigeria’s ANOH Gas Processing Plant">
" alt="Chariot Announces Gaufrette Drilling Results">
" alt="CGG Changes Name to Viridien">
" alt="Achieving Mining Resilience with Long-Term Energy Solutions">
