Area Drilling

11/25/2002
Gabon Vaalco Energy Inc., Houston, announced the first sale of oil from Etame field off Gabon and said a 3D seismic survey has begun in the Etame Marin Block.The three-well field is producing 15,000 b/d. On Nov. 9-10, Shell Western Supply & Trading Ltd. lifted 693,000 bbl of 36° gravity oil onto the M/V Venetia. Some 200,000 bbl remain on the consortium's FPSO, and an additional lifting could occur by Nov. 30. The MV Geco Diamond seismic vessel started data acquisition Nov. 8. Acquiring 355 sq km of data is expected to take 3 weeks.Partners in the Etame Marin Permit are the operator Vaalco Gabon (Etame) Inc. 28.1%, PanAfrican Energy Corp. Ltd. 31.4%, Sasol Petroleum Internationa...
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