Petroleum Africa
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Monday, February 6, 2017
Victoria Oil & Gas (VOG) issued an update on its activities in Cameroon during Q4 2016. The company saw its average gas production increase over the quarter coming in at 7.64 Mmcf/d. The company also saw its Logbaba gas sales rise by 4.5% for Q4 2016 over the same period in 2015; its year on year increase in gas sales from Logbabaand sales saw a 24% increase.
On the operational end the VOG rig spudded at both twin and step out wells, the La-107 at 1,618 meters and the La-108 at 1,137 meters. The company also saw the deployment of managed pressure drilling technology in Cameroon.
It commissioned a 15-km pipeline as part of the Bonaberi extension. Three new thermal customers on the new Bonaberi extension were commissioned and consuming gas in Q4.
Ahmet Dik, Chief Executive Officer of VOG, commented, “The Bonaberi pipeline extension provides gas to the western industrial area of Douala, which is fast becoming a new hub for future developments looking to access Douala’s port, power and road networks. We have established ourselves as a vital part of the energy infrastructure for the city and the region. I am particularly pleased that year on year gas sales for 2016 has increased by 24% and a monthly production record has been set this January. Our drilling program has progressed well and we are reaching an exciting phase as the wells descend into the Logbaba Formation. We look forward to providing further updates in the coming months.”
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