Production

BW Energy provides update on Dussafu drilling progress offshore Gabon

Feb. 28, 2024

BW Energy provides updates on the offshore Hibiscus, Golfinho and Kudu fields in its latest results statement.

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Offshore staff

OSLO, Norway — BW Energy is addressing ongoing electrical issues affecting the electrical submersible pumps (ESPs) on the Hibiscus Field in the Dussafu license offshore Gabon.

According to the company’s latest results statement, the DHIBM-6H well is at present producing on natural flow while the DHIBM-3H and DHIBM-4H wells are producing on ESPs, following completion of workovers and ESP changeouts.

Preparations for restarting DHIBM-5H will follow a similar process. A program of diagnosis, repair and replacement of the ESPs continues.

The Hibiscus/Ruche Phase 1 drilling campaign comprises eight wells. To date, four Hibiscus wells and one Hibiscus South well have been drilled, with the remaining line-up comprising a fifth Hibiscus well, finalization of the Ruche well and a Bourdon prospect test well.

Last November, the company made a new oil discovery in the Hibiscus South satellite prospect (DHBSM-1) and recently returned to complete it as a production well. First oil should follow shorty.

Hibiscus South's first oil is expected in March, less than five months after discovery in November 2023.

Hibiscus South is a separate accumulation with a deeper oil-water contact than the nearby Hibiscus field.

Potentially the current campaign could boost oil production across the Dussafu license up to the FPSO’s capacity of about 40,000 bbl/d, once all the wells are on stream.

Offshore Brazil, production from the company’s newly acquired Golfinho Field continues to exceed expectations. Preparations continue for two planned infill wells (GLF-51 oil well and GLF-50 gas well), which should double the current production in 2027.

Also offshore Brazil, work on the revised concept for the Maromba development should conclude during the second quarter, with total oil production expected to reach a peak of 30,000 to 40,000 bbl/d.

In the next few months, BW Energy expects to pay the remaining $20 million owed for the FPSO Polvo, which has been renamed BW Maromba. The vessel is at the COSCO yard in China in preparation for an upgrade program.

The company expects FID on the development upon completion of the project financing.

Offshore Namibia, BW Energy is also progressing a revised development plan for a gas-to-power project for the Kudu Field and analyzing data from a 3D survey completed last May.

Initial findings have enhanced the depositional model and de-risked potential targets with further prospects identified. The company has now decided to start ordering long-lead equipment for a future exploration campaign.

02.28.2024