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BW Energy has confirmed a significant oil discovery at the Bourdon prospect in the Dussafu License offshore Gabon after successfully completing its second sidetrack well, DBM-1 ST2.

The company estimates the site holds 56 million barrels of oil in place, with about 25 million barrels considered recoverable. This discovery is expected to support a new development hub based on the MaBoMo facility, including at least four future production wells.

CEO Carl K. Arnet stated, “This appraisal verifies the potential for a new development hub and supports long-term value creation in Gabon.” He also mentioned, “It expands our growing reserve base, which still includes several undrilled prospects.”

The well encountered 11.2 meters of net pay within a 35.2-meter hydrocarbon column in the Gamba formation. Drilled by the Norve jack-up rig, the well reached a total depth of 4,731 meters.

Bourdon oil stands out for its low viscosity, averaging just 3.5 centipoise, making it easier and more cost-effective to produce compared to oil from the Hibiscus/Tortue (5 cp) and Ruche (7 cp) fields.

Located about 15 kilometers west of the FPSO BW Adolo and 7.5 kilometers southeast of the MaBoMo facility, Bourdon is strategically placed to connect to existing infrastructure. This discovery allows BW Energy to add new reserves not included in its 2024 Statement of Reserves.

 

source: oilprice.com