BW Energy has completed the first production well on its ongoing development campaign at the Dussafu licence, offshore Gabon.
The production team now has responsibility for the DHIBM-3H well. They are preparing to start it up in early April.
This is the first production well on the Hibiscus/Ruche Phase 1 campaign. The BW MaBoMo production facility drilled the well to a depth of 3,883 metres in the Gamba sandstone.
The Borr Norve jack-up drilled the well in 116 metres of water.
It began drilling at the start of the year with batch work on three Hibiscus wells. Another three conductors have been set on slots for the Ruche/Hibiscus fields.
The BW Adolo FPSO will process oil from this development phase alongside the Tortue production. Tankers will offload oil from the FPSO for export.
The operator has also commissioned the 20 km pipeline from the BW MaBoMo to the FPSO. Commissioning and start up of the new gas lift compressor for the six wells on the producing Tortue field will follow first oil, Panoro Energy said.
Panoro went on to say the Hibiscus and Ruche fields should provide 30,000 barrels per day of new production gross when all six wells were on stream. The Borr Norve has moved to the second well, DHIBM-4H.
“The successful completion of this first production well is a key milestone in our material organic growth plan towards production of 12,500 bpd net to Panoro when all six new Hibiscus Ruche Phase I wells are onstream,” said Panoro CEO John Hamilton.
“We are in the most active period of continual drilling in Panoro’s history”, he said. The company plans to drill “at least 10 wells” in Gabon and Equatorial Guinea over the next 12 to 15 months. This will “unlock significant potential in our diversified portfolio of producing assets”, Hamilton said.
The Miss Universe-Greatest Celebration of Women
-SOFIE ZERUTO The Miss Universe Organization is a global, inclusive of organizations that celebrates all cultures, backgrounds and religions. It creates and provide a safe space for women to share their stories and drive impact personally, professionally, and philanthropically. The women who participate in this…
All Africa Music Awards; Categories and Regions
-MUSIC IN AFRICA All Africa Music Awards (also referred to as AFRIMA) is an annual awards event. The awards event was established by the International Committee AFRIMA, in collaboration with the African Union (AU) to reward and celebrate musical works, talents and creativity around the African continent while promoting…
African Acts And The Grammy Award
-FUMILAYO KANMODI African music is now getting much-deserved recognition, and talented stars have been rewarded for their hard work. One award many covet has always been the Grammy Award, and we have had African acts that have received the award. In our little way of…
Nigeria’s Former Jonathan Tells African Leaders To Put Humanity First
Joke Falaju, Abuja Bags African Heritage awardFormer President Goodluck Jonathan has urged African leaders privilege to hold public offices to become servants of the people, and not turn themselves into the “bosses of the people”.Jonathan stated this while receiving the African Democracy and Peace Icon…
The Risk And Reward Of ChatGPT In Cybersecurity
Juan is an experienced CTO with a demonstrated history of working in the computer and network security industry. He is an information technology professional skilled in SAP and Oracle applications, computer forensics, vulnerabilities research, IPS/IDS and information security. Unless you’ve been on a retreat in…
Explained – History Of Money From Fiat To Crypto
What is money? Money as a concept has been a cornerstone of human civilization and economic development. To start with the latter, money is a method of storing value and worth, and it also functions as a medium of exchange that allows individuals to exchange…
Studies Show That Nigerian Crypto Foreign Investment Is At A Record Low
Foreign direct investment in Nigeria fell by 33% last year due to a severe shortage of dollars, which discouraged crypto companies from expanding into the country. The largest economy in Africa has a foreign investment problem despite exponential growth in crypto adoption. The National Bureau…
Growing The Bitcoin Development Ecosystem In Africa
– Abubakar Nur Khalil | Bitcoin Magazine Bitcoin development in Africa, with a proper regulatory environment, could equally accelerate the continent and the technology. In this piece, we’ll be analyzing the current state of the Bitcoin developer ecosystem in Africa, ways to improve it and…