Vaalco Energy restarted production at the Avouma 2-H well on the Avouma platform, offshore Gabon, after utilizing a hydraulic workover unit to replace a failed electric submersible pump (ESP) system.
Vaalco Energy has reported that the South Tchibala 2-H well, offshore Gabon, is back in production after experiencing issues with the electrical submersible pump system.
VAALCO Energy has finalized the acquisition of a further 3.23% participating interest in the Etame Marin Permit located offshore of the Republic of Gabon from Sojitz Etame Limited.
Houston’s Vaalco Energy exited the Angolan market, discontinuing all operations, as the company picked up stake in Etame off Gabon during the third quarter of 2016, narrowing its focus and reducing costs.
Vaalco Energy’s Avouma 2-H well on the Avouma platform offshore Gabon in the Etame Marin Permit has resumed production at a stable rate, with the well producing approximately 1,850b/d of oil.