VAALCO addressing ESP issues in offshore Gabon wells

April 12, 2018
VAALCO Energy’s production offshore Gabon improved to 3,957 b/d during 4Q 2017, following a maintenance turnaround in the previous quarter. 

Offshore staff

HOUSTONVAALCO Energy’s production offshore Gabon improved to 3,957 b/d during 4Q 2017, following a maintenance turnaround in the previous quarter. 

Last November, the company completed workover operations on the South Tchibala 2-H and the South Tchibala 1-HB wells on the Avouma platform. However, anelectric submersible pump (ESP) in the Avouma 2-H well failed, and a month later the ESP in the South Tchibala 1-HB well also failed.

Both wells have been temporarily shut-in: VAALCO planned to mobilize a hydraulic workover unit this moth to the Avouma platform to replace the respective ESP systems, with a view to restoring production later in the current quarter.

The company continues to examine alternative, lower cost development options for its discoveries on block P offshore Equatorial Guinea as the oil price continues to recover.

04/12/2018