VAALCO Energy Restarts Production from Avouma 2-H Well Offshore Gabon

VAALCO Energy, Inc. revealed Friday that the secondary electric submersible pump (ESP) in the Avouma 2-H well on the Avouma Platform offshore Gabon, in the Etame Marin Permit, was recently started and the well is now producing at a stable rate.

As previously announced, the primary ESP failed in the Avouma 2-H well, and prior to attempting to start the secondary ESP, VAALCO and the manufacturer and installer of the ESP worked closely to optimize the startup procedure. The lower pump was successfully started last week and performance is stable with the well producing approximately 1,850 barrels of oil per day (bopd) gross or 450 bopd net to VAALCO.

The well was producing approximately 2,700 gross bopd or 660 bopd net to VAALCO prior to the first ESP failure.  VAALCO is currently flowing the well at a lower rate while monitoring the performance of the ESP.

“We are pleased to have restarted production from the Avouma 2-H well and will continue to monitor the performance of the secondary ESP,” said Cary Bounds, VAALCO’s chief operating officer.



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