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Sunday, September 30, 2018
BW Offshore successfully drilled and completed its Ruche North East (DRNEM-1) appraisal well in Gabon. The well, located on the Dussafu License, encountered oil on the Ruche North East structure.
The DRNEM-1 well encountered 40 meters of pay in the Gamba and Dentale formations in the original wellbore. An appraisal side-track was drilled approximately 800 meters north-west of the original wellbore and encountered 34 meters of pay in the Gamba and Dentale formation. The technical and commercial teams will now perform an evaluation of the potential development of these resources.
The company has completed its drilling on the Dussafu for 2018 and subsequently has released the rig used during its drilling program.
In addition, BW Offshore is evaluating the Tortue Phase 2 development project with final investment decision scheduled for Q4 2018. The internal estimate of 2P gross reserves for the Tortue field Phase 1 (two wells) and Phase 2 (four wells) are between 30 to 40 million barrels, excluding contingent reserves.
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