Offshore staff
HOUSTON – VAALCO 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
