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VAALCO Completes Gabon Drilling Campaign as Baobab Program Begins - %sitenameVAALCO Completes Gabon Drilling Campaign as Baobab Program Begins

Summary by finchannel.com
VAALCO Energy completed its Phase 3 drilling campaign offshore Gabon and brought its final development well into production, the company said on October 7, while drilling has begun offshore Côte d’Ivoire. The ETSEM-3H well’s stabilized initial flow rate was approximately 2,000 gross barrels of oil per day, or 1,140 barrels net to VAALCO. It encountered 300 meters of net pay in Gamba reservoir sands. The Borr Norve drilling rig has been demobiliz…

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finchannel.com broke the news on Wednesday, October 7, 2026.
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