PanOcean test confirms viability of Tsiengui field in Gabon

Nov. 15, 2004
Pan-Ocean Energy Corp. Ltd., St. Helier, Jersey, said a short-term production test of its onshore TST-2 appraisal well in Gabon confirmed the commercial viability of Tsiengui oil field.

By OGJ editors
HOUSTON, Nov. 12 -- Pan-Ocean Energy Corp. Ltd., St. Helier, Jersey, said a short-term production test of its onshore TST-2 appraisal well in Gabon confirmed the commercial viability of Tsiengui oil field (see map, OGJ, Nov. 8, 2004, p. 38).

During a 4-day test, the well flowed 2,450 b/d of 32º gravity oil at 614 psi wellhead flowing pressure through a 36/64-in. choke with a gas-oil ratio of 420 scf/bbl and no water. The oil is similar to that produced at nearby Obangue field.

Pan-Ocean said the well is capable of sustained production of 1,000-1,500 b/d of oil. The company has a 100% interest in the well subject to the government's 7.5% back-in.