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Vaalco Energy resumes production from Avouma 2-H well in offshore Gabon

09 Jan 2017 (Last Updated September 28th, 2017 11:58)

US-based Vaalco Energy has announced the restarting of production from the Avouma 2-H well on the Avouma Platform off the coast of Gabon, Central Africa.

US-based Vaalco Energy has announced the restarting of production from the Avouma 2-H well on the Avouma Platform off the coast of Gabon, Central Africa.

The Avouma 2-H well resumed production after using a hydraulic workover unit to replace a failed electric submersible pump (ESP) system.

Currently, the well is producing 2,700bpd or 730bpd net to the company. After the addition of two recent workover wells, the combined net production is 4,600bpd for the company.

Vaalco Energy CEO Cary Bounds said: “Following the successful workover of the South Tchibala 2-H well, we are pleased to have also restored production from the Avouma 2-H well at a higher rate than when it went offline this past summer.

"We are pleased to have also restored production from the Avouma 2-H well at a higher rate than when it went offline."

“We have once again demonstrated our ability to safely and successfully conduct well interventions utilizing a hydraulic workover unit. Our net production has risen to approximately 4,600 barrels of oil equivalent per day, our highest rate since early summer 2016. We are pleased to begin 2017 with an attractive combination of strong production volumes and higher oil prices.”

Before going offline temporarily after the failure of the ESP system, Avouma 2-H well was producing nearly 2,400bpd gross or 650bpd net for the company.

Renovation at the Avouma 2-H was accomplished and the well resumed production following completion of workover operations on the South Tchibala 2-H.

A detailed investigation on the failed ESP components is underway. The causes of the failure are expected to be determined by the first quarter of this year.

Most of the operations of Vaalco Energy are located in Gabon and Equatorial Guinea in West Africa.