(WO) – VAALCO Power has reported sturdy preliminary outcomes from its ongoing offshore Gabon drilling marketing campaign, whereas progressing extra growth exercise and a deliberate manufacturing restart offshore Côte d’Ivoire.
The corporate stated the Etame 14H growth nicely has been efficiently drilled, accomplished and introduced on-line within the Etame subject’s Major Fault Block. The nicely encountered roughly 325 meters of internet pay in Gamba reservoir sands, with better-than-expected porosity and permeability. Preliminary manufacturing charges reached roughly 4,850 bpd (2,850 bpd internet to VAALCO).
Following the Etame 14H completion, the drilling rig has been mobilized to the Ebouri platform, the place drilling has begun on the EEBOM-5H growth nicely. The nicely is focusing on an attic place via a sidetrack from a beforehand deserted nicely, with extra workovers deliberate to help incremental manufacturing.
In parallel, VAALCO is advancing efforts to revive manufacturing on the Baobab subject in Block CI-40 offshore Côte d’Ivoire. The Baobab FPSO has returned to location following a 47-day refurbishment program in Dubai and is presently present process reconnection of risers and subsea infrastructure. The corporate stated manufacturing stays on observe to restart by the tip of second-quarter 2026.
The mixed exercise displays a broader concentrate on near-term manufacturing positive aspects and reserve additions throughout VAALCO’s West Africa portfolio. The Gabon drilling program is focusing on incremental volumes via growth of attic zones, whereas the Baobab restart is anticipated to convey beforehand shut-in capability again on-line.
VAALCO stated it can proceed executing its 2026 capital program, with an emphasis on optimizing present belongings and advancing offshore growth alternatives within the area.
