Avouma platform in place off Gabon

July 10, 2006
The production platform for Avouma oil field off Gabon has arrived at the field, Pan-Ocean Energy Corp. Ltd. said.

By OGJ editors
HOUSTON, July 10 -- The production platform for Avouma oil field off Gabon has arrived at the field, Pan-Ocean Energy Corp. Ltd. said.

Production is to start late this year from two horizontal wells at 10,000 b/d (3,136 b/d net to Pan-Ocean. Drilling is expected in October.

Avouma will be the second field on the Etame Marin Permit to come on production. Etame field produces 18,000 b/d.

A 16-km pipeline connecting the Avouma platform with a floating production, storage, and offloading facility on Etame field is expected to be completed soon, Pan-Ocean said.

Pan-Ocean said Etame coventurers received Gabon government approval for an exclusive exploitation area around the Ebouri discovery. A development plan is expected to be filed with the government in September.

Ebouri oil field is expected to come on stream in late 2007 at 5,000 b/d.