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Energy Hibiscus Extension Appraisal Well Encountered Water In Gamba Reservoir
BW Energy Q1 Gross Production From Tortue Field Averaged About 13,600 Barrels Of Oil Per Day
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About BW Energy Ltd
BW Energy Limited is a Bermuda-based oil and gas company engaged in oil and gas exploration and production activities. The Company is involved in the acquisition, development and production of oil and natural gas fields. It has a diversified portfolio of production and development assets offshore West Africa and Brazil, and holds interests in three hydrocarbon licenses in Gabon, Brazil and Namibia. Its Dussafu Marin Permit and the associated Ruche Exclusive Exploitation Area (EEA) production license are located approximately 50 kilometers (km) off the coast of Gabon. The Ruche EEA covers an area of approximately 850 square kilometers. The Maromba discovery is located approximately 10
BW Energy: Hibiscus Extension appraisal well encountered water in Gamba reservoir
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BW Energy announces 2021 trading update
30 Apr 2021
BW Energy has provided an update on the operation and development of the
Dussafu Marin license in Gabon. The Company will publish its financial report for the first quarter on Thursday, 20 May 2021.
Gross production from the Tortue field averaged approx. 13,600 barrels of oil per day in the first quarter of 2021, amounting to a total gross production of 1.22 million barrels of oil for the period.
BW Energy completed one lifting in the quarter and realised an average price of USD 66.7 per barrel. Production cost (excluding royalties) was approx. USD 23 per barrel. This includes approx. USD 1.0 million of additional costs related to the continued handling of the COVID-19 pandemic through the period.
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BW Energy Limited is pleased to announce the re-start of a three-well drilling campaign on the Dussafu license offshore Gabon consisting of two exploration wells in the Hibiscus area and one production well on the Tortue field. The Borr Norve jack-up rig has been contracted for the campaign.
The current campaign will start with the Hibiscus Extension appraisal well (DHIBM-2) which is located about 56 km from the coast in 119 m water depth. The well is planned as a vertical well to test the northern extension of the Gamba reservoir of the already discovered Hibiscus field. If the well is found to be hydrocarbon-bearing, one or two appraisal side-tracks may be drilled to further delineate the field.
BW Energy announced the re-start of a three-well drilling campaign on the Dussafu license offshore Gabon consisting of two exploration wells in the Hibiscus area and one production well on the Tortue field. The Borr Norve jack-up rig has been contracted for the campaign.
The current campaign will start with the Hibiscus Extension appraisal well (DHIBM-2) which is located about 56 km from the coast in 119 m water depth. The well is planned as a vertical well to test the northern extension of the Gamba reservoir of the already discovered Hibiscus field. If the well is found to be hydrocarbon-bearing, one or two appraisal side-tracks may be drilled to further delineate the field.
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