(WO) – VAALCO Power has reported sturdy preliminary outcomes from its ongoing offshore Gabon drilling marketing campaign, whereas progressing further growth exercise and a deliberate manufacturing restart offshore Côte d’Ivoire.
The corporate mentioned the Etame 14H growth effectively has been efficiently drilled, accomplished and introduced on-line within the Etame subject’s Fundamental Fault Block. The effectively encountered roughly 325 meters of web pay in Gamba reservoir sands, with better-than-expected porosity and permeability. Preliminary manufacturing charges reached roughly 4,850 bpd (2,850 bpd web to VAALCO).
Following the Etame 14H completion, the drilling rig has been mobilized to the Ebouri platform, the place drilling has begun on the EEBOM-5H growth effectively. The effectively is focusing on an attic place by means of a sidetrack from a beforehand deserted effectively, with further workovers deliberate to help incremental manufacturing.
In parallel, VAALCO is advancing efforts to revive manufacturing on the Baobab subject in Block CI-40 offshore Côte d’Ivoire. The Baobab FPSO has returned to location following a 47-day refurbishment program in Dubai and is at present present process reconnection of risers and subsea infrastructure. The corporate mentioned manufacturing stays on observe to restart by the tip of second-quarter 2026.
The mixed exercise displays a broader concentrate on near-term manufacturing good points and reserve additions throughout VAALCO’s West Africa portfolio. The Gabon drilling program is focusing on incremental volumes by means of growth of attic zones, whereas the Baobab restart is predicted to deliver beforehand shut-in capability again on-line.
VAALCO mentioned it should proceed executing its 2026 capital program, with an emphasis on optimizing current belongings and advancing offshore growth alternatives within the area.
