The company has re-run the upper completion assembly, installing two new electric submersible pumps, and production estimated at 3,800 barrels per day commenced on 26 November 2010.
The company has now moved the contracted drilling rig, the Sapphire Driller, onto location to drill a new exploration well on the Omangou prospect (ETOMG-10), approximately two miles southeast of the Ebouri platform and approximately four miles to the northwest of the center of the Etame field.
Subsea work is underway on the ET-7H well, a horizontal development well in a known separate fault block in the Etame field that is expected to add additional production.
Vaalco is laying and connecting the production, service and gas lift lines between the sub-sea tree and its floating production, storage and offloading facilities.
Operations are proceeding and it is expected that the company will commence production next month.
Vaalco Gabon Etame, a subsidiary of Vaalco Energy, operates the Etame Marin Permit in which it holds a 28.07% net interest in the Etame Field.
