Area Drilling

GabonA group led by Vaalco Energy Inc., Houston, made a potentially commercial oil discovery on the eastern flank of the Ebouri prospect on the 3,073 sq km Etame Marin block offshore.Ebouri-1 and a horizontal sidetrack both logged 48 ft of net oil pay in Gamba sandstone, the reservoir in Etame field. Ebouri is 7 miles northwest of Etame.Vaalco plans another sidetrack or well to delineate the prospect, and if commercial the discovery likely could be tied back to Etame facilities in about a year. Etame, producing 15,000 b/d, has 25,000-30,000 b/d of design capacity. Vaalco is to drill an Etame development well in the second quarter of 2004 to boost production above 20,000 b/d. The consortiu...

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