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IS - Vaalco’s 9H well off Gabon exceeds production expectations - December 2019
VAALCO Energy successfully completed a well at its Etame oil field (31% WI) off Gabon, drilling the Etame 9H to a depth of 8,900 ft with a 1,000-ft lateral. The well has been brought onstream at a stabilized rate of 5,500 bo/d gross, exceeding the pre-drill estimate of 2,500-3,500 bo/d gross. Vaalco increased its total 2019 net exit production forecast to 4,500-4,700 bo/d, up 16% from 3,800-4,100 bo/d. The company also expects 6.2 MMbo......
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