By OGJ editors
HOUSTON, July 18 -- Pan-Ocean Energy Corp., St. Helier, Jersey, UK, has started production from two wells in Tsiengui oil field in Gabon and awaits interpretation of a 50 sq km seismic survey to assist with further development.
Pan-Ocean, operator with 100% interest in Tsiengui before a 7.5% government back-in, said wells TST-2H and TST-3H started production 9 months after the Tsiengui discovery. A third development well, TST-4H, was expected to be brought on stream by July 19.
The three wells will raise Pan-Ocean's total productive capacity from Tsiengui and nearby Obangue fields to 5,600 b/d gross. Pipeline capacity limits PanOcean's capacity from the two fields to 3,500 b/d gross (see map, OGJ, Nov. 8, 2004, p. 38).
Pan-Ocean will limit Tsiengui production to its current stabilized rate of 2,100 b/d. It is building a pipeline to ease the transport constraint.
Production from Tsiengui, with 31º gravity oil in Cretaceous Gamba and Dentale above 1,800 m, is expected to peak at 14,000-16,000 b/d in 2006. Further drilling is planned later this year.
