BW Energy Ltd has reported encountering commercial volumes of oil in its Hibiscus South satellite prospect offshore Gabon.
The DHBSM-1 well was drilled from BW Energy’s MaBoMo production platform to a total depth of 19,691.6 feet (6,002 meters). The target area is located approximately 3.1 miles (5 kilometers) southwest of the MaBoMo and was drilled by the Borr Norve jack-up rig.
Evaluation of logging data, sample examination, and formation pressure measurements confirm approximately 65.6 feet (20 meters) of pay in an overall hydrocarbon column of 86.9 feet (26.5 meters) in the Gamba formation, BW Energy said in a news release Monday.
Source : Rigzone