Panoro Energy reports successful completion of first production well at Tortue

4/9/2018

OSLO -- Panoro Energy has announced the successful drilling and completion of the first development well, DTM-2H, in Tortue field, within the Dussafu PSC, offshore Gabon.

The drilling of DTM-2H oil production well commenced in late January 2018 and was successfully completed with no safety-related incidents, on schedule and within budget. Interpretation of the logging results indicates that the well was entirely consistent with pre-drill prognosis and objectives. DTM-2H was drilled and completed as a horizontal production well in the Dentale D6 reservoir and encountered a long horizontal section of oil saturated Dentale D6 sandstone. The well has been suspended pending arrival and hook up to the FPSO in the second half of the year.

Additionally, while drilling through the shallower Gamba and upper Dentale reservoir section, a gross 37-m hydrocarbon column was encountered with a total of 28 m of net pay. The Gamba reservoir is the target of the upcoming second horizontal production well DTM-3H.

The rig will now move to drill the DTM-3 well, which is an appraisal well on the northwest of Tortue field. Following this, the horizontal oil production well, DTM-3H, will be drilled and completed in the Gamba sandstone. The drilling operations are expected to take until the end of June.

John Hamilton, CEO at Panoro Energy, said: “We are very pleased with the result of the first production well in the 2018 drilling program, which validates the geological and operational model for Phase 1 of the Tortue development. We now look forward to drilling the appraisal wellbore and second production well on Tortue field.”

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