Tortue production rates ‘in line with expectations’

Initial production rates at the BW Energy-operated Tortue field located in the Dussafu Marin PSC, offshore Gabon, are fully in line with expectations.

The Dussafu license is operated by BW Energy Gabon (BWEG), which holds a 91.667 percent interest, while Panoro holds an 8.333 percent interest as a partner. BW Energy is a subsidiary of BW Offshore.

On September 16, 2018, first oil production started at the Tortue field, producing from the initial 2 horizontal production wells into the BW Adolo FPSO.

Panoro said on Thursday that a 72-hour performance test on the FPSO process plant was successfully completed on September 21, 2018. Production from the two wells has been, and continues to be, optimized and tested, and both wells are currently under separate pressure build up tests, Panoro added.

While well and vessel testing continue for the coming weeks, the wells have delivered a stabilized rate in the middle of the 10,000-15,000 bopd guidance range previously provided.

John Hamilton, CEO of Panoro said: “We are very pleased with the initial production and operations at the Tortue field, located in the Dussafu Marin PSC. Phase 1 at Tortue has been delivered on time, on budget and to operational expectation”.