Southeast Etame is a producing conventional oil field located in shallow water in Gabon and is operated by VAALCO Gabon. The field is located in block Etame Marin and Etame, with water depth of 260 feet.
Field participation details
The field is owned by PetroEnergy Resources, Tullow Oil, China Petrochemical and VAALCO Energy.
Production from Southeast Etame
The Southeast Etame conventional oil field recovered 40.35% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 5.36 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 16.58 Mmboe, comprised of 16.58 Mmbbl of crude oil & condensate.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.