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Thursday, February 8, 2024
Panoro Energy reports that production has since been restored from three of the four Hibiscus wells in Gabon’s Dussafu permit.
During the latter part of 2023 a comprehensive program was commenced in order to establish the root cause of the electrical integrity issues faced on the four new Hibiscus wells which were drilled in 2023. The retrievable ESPs were removed, in addition to the upper completions on two wells. As a result of these activities, production in Q4 was impacted as work necessitated the wells being offline at various times.
Two wells are now producing on new ESPs and the third well is producing under natural flow without an ESP. The fourth well will be worked over following the completion of the Hibiscus South development well. Current gross Dussafu production is approximately 25,000 bopd reflecting the partial restoration of production from three of the four Hibiscus wells.
The root cause analysis is ongoing with the recovered ESPs sent to the manufacturer for diagnosis and contingency plans are in place with three conventional ESPs scheduled for imminent delivery.
The forward plan is to optimize drilling of the remaining three planned development wells in the current campaign, together with any ESP workovers remaining on the existing wells. The drilling program has been extended through July.
The drilling of the Hibiscus South development well has now commenced (following the discovery in 2023 and utilizing the top-hole section of the discovery well) to drain this new accumulation and is expected onstream in March. The rig will then undertake the following work (the order of which will be dependent on optimizing production and logistical considerations):
The Bourdon prospect test well will be the last operation in the current campaign, providing the aforementioned activities are performed within time expectations. Panoro expects that gross production will rise from March onwards towards the 40,000 bopd target rate once all wells in the current campaign have been completed.
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