BW Energy confirms “substantial” oil discovery offshore Gabon following Hibiscus drilling campaign
(WO) – BW Energy has now concluded the drilling and the logging of the DHIBM-7P pilot well, confirming a substantial oil discovery with good reservoir quality and a material uplift to the Hibiscus area offshore Gabon.
BW Energy’s preliminary evaluation indicates an increase in Hibiscus gross recoverable reserves (mid-case) of approximately 8 MMbbl of oil to 12 MMbbl of oil. The company plans to complete the well as a development well later in 2024.
The DHIBM-7P pilot was drilled from the MaBoMo production platform to a total depth of 3,941 m. The target area is located approximately 1.5 km north-northwest of the MaBoMo and was drilled by the Borr Norve jack-up rig.
Notably, the hydrocarbon column extends across the boundary between the Gamba and the underlying Dentale formation. This is the first example of a common Gamba-Dentale hydrocarbon accumulation in the Hibiscus field offshore Gabon.
The current operation in Dussafu is to complete the development well (DHBSM-2H) in the northern flank of the Hibiscus South field that was recently successfully appraised.