Etame is a producing conventional oil field located in shallow water in Gabon and is operated by VAALCO Gabon. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Etame Marin and Etame, with water depth of 452 feet. Buy the profile here.
Field participation details
The field is owned by China Petrochemical, PetroEnergy Resources, Tullow Oil and VAALCO Energy.
Production from Etame
The Etame conventional oil field recovered 83.78% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 18.96 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 14.59 Mmboe, comprised of 14.59 Mmbbl of crude oil & condensate.
For more details on the Etame Conventional Oil Field, buy the profile here.