Vaalco Energy
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Vaalco Resumes Production at Avouma 2-H
Sunday, 8th January 2017
Vaalco Energy restarted production at the Avouma 2-H well on the Avouma platform, offshore Gabon, after utilizing a hydraulic workover unit to replace a failed electric submersible pump (ESP) system. -
Vaalco Restored Drilling Offshore Gabon
Wednesday, 28th December 2016
Vaalco Energy has reported that the South Tchibala 2-H well, offshore Gabon, is back in production after experiencing issues with the electrical submersible pump system. -
VAALCO Increased Stake in Gabon’s Offshore Field
Wednesday, 30th November 2016
VAALCO Energy has finalized the acquisition of a further 3.23% participating interest in the Etame Marin Permit located offshore of the Republic of Gabon from Sojitz Etame Limited. -
Vaalco Exited Angola
Monday, 14th November 2016
Houston’s Vaalco Energy exited the Angolan market, discontinuing all operations, as the company picked up stake in Etame off Gabon during the third quarter of 2016, narrowing its focus and reducing costs. -
Gabon Resumed Production at Avouma 2-H Well
Wednesday, 31st August 2016
Vaalco Energy’s Avouma 2-H well on the Avouma platform offshore Gabon in the Etame Marin Permit has resumed production at a stable rate, with the well producing approximately 1,850b/d of oil.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.73 | +2.00% |
Crude Oil (Brent) Brent | USD/bbl | 65.70 | +1.99% |
NYMEX Natural Gas | USD/MMBtu | 2.79 | +0.65% |
OPEC Basket Price | USD/bbl | 65.42 | +2.22% |
Last Modified March 1, 2021