Perenco Oil & Fuel Gabon (POGG) has spudded an appraisal effectively within the neighborhood of the Hylia South West discovery, offshore Gabon.
The corporate mentioned in a media launch that the appraisal effectively is concentrating on the NTO reservoir and the decrease, extremely promising Madiela carbonate reservoir.
This discipline was found in December 2022 via the exploration effectively HYSM-1 when a 131 toes (40 meters) internet oil-bearing column was proved within the Ntchengue Ocean (NTO) reservoir, in addition to an extra column within the Madiela reservoir, it mentioned. The effectively is being drilled by Dixstone’s BANBA jack-up rig in a marketing campaign anticipated to final 30 days.
The Hylia South West discipline is now producing 6,000 barrels of oil per day from the HYSM-01 effectively, a cloth enhance for the reason that begin of manufacturing in October 2023, lower than one 12 months after the invention, Perenco mentioned.
“The appraisal drilling is vital in figuring out the total potential of this space after the latest exploration success at Hylia South West. It’s designed to additional inform our understanding of each the NTO and Madiela resevoirs, and to slender our estimate of oil assets in place, presently estimated at between 20 and 100+ million barrels”, Adrien Broche, Basic Supervisor of POGG, mentioned.
In one other firm growth, Perenco will from March see a change on the helm as Armel Simondin takes over as the brand new CEO of Perenco SA. Simondin has intensive expertise within the oil and fuel business having spent the primary a part of his profession with Whole Energies earlier than becoming a member of Perenco in 2011, Perenco mentioned. His newest place inside Perenco has been normal supervisor of Perenco Cameroon, earlier than which he served because the group’s drilling supervisor.
Simondin will take over Benoit de la Fouchardiere, who spent the final eight years rising and creating the corporate, Perenco mentioned. Benoit de la Fouchardiere will take over the lead at Dixstone, a Perenco affiliate, and also will be part of the board of Perenco Group.
To contact the writer, e mail andreson.n.paul@gmail.com