Offshore Gabon Appraisal Test Completed in Etame Marin Permit Area

Drilling Activity Details



Post Date
Shore Type
Well Name
#4P Southeast Etame
Geo Coordinate

Drilling Activity Summary


Vaalco Energy announced results from appraisal drilling at its #4P Southeast Etame well drilled at the Southeast Etame North Tchibala platform in offshore Gabon. Located in the Etame Marin permit area, the venture encountered oil sands in Gamba. It hit approximately 20 ft of good quality sands with similar reservoir quality as previously drilled #2H Southeast Etame. The appraisal well was drilled to 6,311 ft and has estimated gross prospective resources of 1-2 MMbbl of oil in this newly discovered stepout area. No water was encountered in the reservoir. The planned #4H Southeast Etame development test is based on this successful appraisal. Expected initial production rates are 1,200-2,500 bbl oil per day. Houston-based Vaalco is the operator of the block and its fields with 30% interest. Other participants in the permit are Sinopec (31.36%); Sasol Petroleum Etame Ltd. (27.75%); PetroEnergy Resources (2.34%) and Tullow Oil (7.5%).