BW Energy Makes Substantial Oil Discovery on Bourdon Prospect in Gabon
BW Energy, an independent oil and gas company, has recently announced a significant discovery on the Bourdon prospect in the Dussafu License offshore Gabon. This exciting find comes from the evaluation of logging data and formation pressure measurements, which revealed approximately 34 meters of pay in a total hydrocarbon column of 45 meters within the Gamba formation.
Significance of the Discovery
This discovery marks a major milestone for BW Energy, as it represents the largest hydrocarbon column found to date in the Dussafu license. The Gamba formation is known for its favorable reservoir properties, and this discovery confirms its potential to yield substantial resources. Moreover, it underscores the exploration potential of the Dussafu License, which is situated in the prolific hydrocarbon basin off the west coast of Central Africa.
Impact on BW Energy
The discovery on the Bourdon prospect is expected to significantly boost BW Energy’s production profile. With the successful drilling of the initial exploration well, the company plans to further evaluate the prospect’s potential through additional appraisal drilling. Successful appraisal drilling could lead to the development of a new oil field, providing BW Energy with a valuable new asset and increased revenue.
Impact on the World
The oil industry stands to benefit from this discovery, as it highlights the continued potential for significant discoveries in offshore exploration. Gabon, in particular, has seen increased interest from international oil companies due to its favorable geology and stable political climate. This discovery could encourage further investment in the region and contribute to the global energy supply.
Conclusion
BW Energy’s substantial oil discovery on the Bourdon prospect in the Dussafu License offshore Gabon represents a significant milestone for the company and the industry as a whole. With approximately 34 meters of pay in a total hydrocarbon column of 45 meters in the Gamba formation, this discovery underscores the potential of the Dussafu License and the region. The successful drilling of the initial exploration well sets the stage for further appraisal drilling and potentially the development of a new oil field. The industry and Gabon stand to benefit from this discovery, as it highlights the continued potential for significant discoveries in offshore exploration and the importance of the region.
- BW Energy makes substantial oil discovery on Bourdon prospect in Gabon
- Largest hydrocarbon column discovered to date in Dussafu license
- Significant boost to BW Energy’s production profile
- Encourages further investment in Gabon and the region
