Offshore staff
OSLO, Norway – BW Offshore has taken an investment decision for the Tortue Phase 2 project offshore Gabon following successful appraisal drilling on the western flank of the Tortue field.
Phase 2 will feature four additional horizontal development wells. The company has placed orders for long-lead equipment including subsea trees, wellheads, drilling casing and completion equipment, and has also signed a letter of intent for the drilling rig.
BW estimates 2P reserves for Tortue field Phase 1 and Phase 2 (six wells in total) at 30-40 MMboe.
In addition, the company has approved two further appraisal wells in the greater Ruche area as part of the Phase 2 drilling program to assess high-grade prospects.
Negotiations continue over a 10% farm-in by Gabon Oil Co. to the surrounding Dussafu license.
11/26/2018
