Continental Focus, International Reach

DTM-3H Completed Offshore Gabon

Wednesday, June 27, 2018

BW Offshore and Panoro Energy saw the successful drilling and completion of their second development well, the DTM-3H. The well is located on the Dussafu PSC’s Tortue field offshore Gabon.

The drilling of DTM-3H well commenced in May and has now been successfully completed with no safety-related incidents, on schedule and within budget.

According to Panoro, the interpretation of the logging results indicate that the well was entirely consistent with pre-drill prognosis and objectives. DTM-3H was drilled and completed as a horizontal production well in the Gamba reservoir where it encountered a long horizontal section of oil saturated Gamba sandstone as prognosed. The well has been suspended pending arrival and hook up to the FPSO Q3.

The rig will now move to drill the Ruche North East well, DRNEM-1, which is targeting an undrilled 4-way structure in the Gamba reservoir with Dentale potential. The DRNEM-1 well will be located approx. 3.5 km north east of the Ruche field in water depths of 117 meters. The DRNEM-1 is expected to take approximately 40 days to drill. The objective of the well is to prove up additional resources in the greater Ruche area, to be aggregated with the existing Ruche field (which was discovered by Panoro in 2011) to form the basis of future development phases.

John Hamilton, CEO Panoro Energy said, “We are very pleased with the result of this second production well, which has come in on prognosis and is a key de-risking milestone in the Phase 1 development at Dussafu. We now look forward to start drilling the Ruche North East well in order to continue unlocking the considerable exploration potential at Dussafu.”


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