• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Energy

BW Energy starts drilling campaign offshore Gabon

4 years ago
in Energy, highlights, Home, home-news, latest News
2 min read
0 0
0
57
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Oil and gas company BW Energy has started an offshore drilling campaign in Gabon with the spud of the Hibiscus extension appraisal well, using Borr Drilling’s Norve jack-up drilling rig.

The campaign is a three-well program on the  Dussafu license offshore Gabon consisting of two exploration wells in the Hibiscus area and one production well on the Tortue field.

The Hibiscus Extension appraisal well (DHIBM-2) is located about 56 km from the coast in 119 m water depth. The well is planned as a vertical well to test the northern extension of the Gamba reservoir of the already discovered Hibiscus field. 

If the well is found to be hydrocarbon-bearing,  one or two appraisal side-tracks may be drilled to further delineate the field, BW Energy said. The appraisal well will provide new input to the ongoing Hibiscus/Ruche development project, which is currently based on the already discovered 46.1 million barrels gross 2P reserve at  Hibiscus and the 24.1 million barrels discovered at Ruche and Ruche North East. 

The development project is planned to consist of a converted jack-up rig tied back to the  FPSO with 12 development wells drilled in two phases, with first oil expected in Q1 2023. 

The additional reserves at Hibiscus, if proven by DHIBM-2, may lead to the relocation of the first converted jack-up and the potential deployment of a second converted jack-up to fully exploit the resources in this prolific area of Dussafu, BW Energy explained.

The timing of the first oil from the area would not be affected, the company said. 

RelatedPosts

BoG Reports 15.19% Decline in Dud Cheques Issued in 2024

Credit Bureau Searches Surge 114.6% in 2024 on Back of Digital Loan Growth 

Naira Stable as External Reserves Hit Eight-Month High of $40.15bn

Credit: BW Energy

Carl K. Arnet, the CEO of BW Energy said. “We are excited to begin the next phase of exploration drilling on the Hibiscus field.  The Hibiscus Extension is our largest current prospect and has already been de-risked by the nearby discovery from 2019 and subsequent 3D seismic work. 

“Working closely with the Government of Gabon and our license partners, we are looking forward to unlocking the full potential from Hibiscus and continue our development of the successful Tortue field through this drilling program. The company expects to generate material cash flow over the next decade from the continued development of Dussafu and to deliver significant value to Gabon and the license partnership.” 

Following the DHIBM-2 well, the rig will move to drill the horizontal production well,  DTM-7H, at the Tortue field.

Once DTM-7H is completed and hooked up along with the previously drilled  DTM-6H well,  this will complete the phase 2 development of Tortue and will bring the total number of producing wells at Tortue to six wells. The rig will subsequently move to drill the Hibiscus North prospect, located approximately  6 km north-northeast of the  DHIBM-1 well. Hibiscus North is a separate prospect with estimated potential reserves of 10 to 40 million barrels of oil which could further enhance the resource base of the Hibiscus/Ruche area, BW Energy said.

Tags: offshore drilling campaign in GabonOil and gas company BW Energytwo exploration wells
No Result
View All Result

Highlights

Helicopter Crash: One Ghana Movement Calls for State-Funded Life Insurance Policy for Dependents of Government Appointees

Government on Course to Exceed 2025 Macroeconomic Targets 

Finance Ministry Invites Public Input for 2026 – 2029 Budget

CHAN 2024: Uganda Dominates Guinea; South Africa Holds Algeria

Ipswich Salvages Late Point in Championship Opener Against Birmingham

GFA and BetPawa Enhance partnership; Locker Room Bonus Extended to Malta Guinness Women’s Premier League for 2025/26 Season

Trending

Banking & Finance

BoG Reports 15.19% Decline in Dud Cheques Issued in 2024

August 9, 2025

BoG Reports 15.19% Decline in Dud Cheques Issued in 2024 The Bank of Ghana’s (BoG) Credit Reporting...

Credit Bureau Searches Surge 114.6% in 2024 on Back of Digital Loan Growth 

August 9, 2025

Naira Stable as External Reserves Hit Eight-Month High of $40.15bn

August 9, 2025

Helicopter Crash: One Ghana Movement Calls for State-Funded Life Insurance Policy for Dependents of Government Appointees

August 9, 2025

Government on Course to Exceed 2025 Macroeconomic Targets 

August 9, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.