Borre Novre arrives in Gabon for Tortue wells

Direction Général de Hydrocarbures, the Gabonese regulator, has approved the amended field development plan for the offshore Tortue field, part of the Duffasu asset, according to partner Panoro Energy.

Offshore staff

OSLO, Norway – Direction Général de Hydrocarbures (DGH), the Gabonese regulator, has approved the amended field development plan for the offshore Tortue field, part of the Duffasu asset, according to partner Panoro Energy.

TheBorre Novre jackup rig has arrived in Gabon and should start development drilling during the current quarter.

John Hamilton, CEO of Panoro, said: “We remain on track to start producing at Dussafu during 2H 2018.”

A recent review by consultant Netherland, Sewell & Associates (NSAI) has upgraded resources at Tortue by more than 80% (in the mid-case scenario), based in part on analysis of 3D seismic acquired in 2013.

NSAI has calculated the following estimates for the total gross economically recoverable oil reserves:

  • Proved (1P) reserves of 15.9 MMbbl
  • Proved + Probable (2P) reserves of 23.5 MMbbl
  • Proved + Probable + Possible (3P) reserves of 31.4 MMbbl
  • 3P reserves at Tortue equivalent to the total contingent resources previously calculated for all four oil discoveries at Dussafu.

The reserves review does not include the other three discoveries in the permit area (Ruche, Moubenga, and Walt Whitman) or resources associated with 27 identified prospects and leads.

01/11/2018

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