VAALCO fixes leak at Etame feed gas line offshore Gabon

Nov. 8, 2023
VAALCO Energy is reviewing locations for its next planned drilling campaign around the Etame Field offshore Gabon.

Offshore staff

HOUSTON VAALCO Energy is reviewing locations for its next planned drilling campaign around the Etame Field offshore Gabon, the company said in a results update.

Production performance in the period to Sept. 30 was strong, supported by improved operational uptime. The newly installed FSO has reduced opex costs at Etame. However, marine costs have risen due to inflation arising from supply vessel rates, transportation and contractors, along with higher diesel costs with the feed gas line being temporarily suspended due to a leak.

This was fixed in October, and the FSO is now using gas rather than diesel.

11.08.2023

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Courtesy VAALCO Energy Inc. "PROFITABLY AND SUSTAINABLY GROWING IN WEST AFRICA" presentation, June 2022
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