
Thursday, September 17, 2015
VAALCO Energy saw its first development well drilled on the North Tchibala field, the North Tchibala 1-H well, was brought online. The well came online at a rate slightly in excess of 3,000 gross bpd of oil.
The well was drilled to a measured depth of approximately 11,160 ft, targeting the undeveloped Dentale reservoir. The Dentale formation is productive in fields onshore Gabon, but this well represents the first Dentale production for the industry from that horizon in the offshore waters of Gabon.
The North Tchibala 1-H well was initially brought on production utilizing an electrical submersible pump (ESP), but was subsequently allowed to produce naturally. VAALCO plans to continue to produce the well without artificial lift while monitoring surface and downhole pressures.
The Tchibala 1-H well is the second well drilled and placed on production at the company’s new Southeast Etame/North Tchibala (SEENT) platform.
VAALCO is the operator of the Etame Marin permit area and owns a 28.1% working interest and a 24.4% net revenue interest.
The company also reported that the Transocean Constellation II jackup rig is mobilizing over to the Avouma/South Tchibala platform to conduct workover operations to replace ESPs on three existing development wells, two of which are off production.