Panoro moves forward with Dussafu oilfield development

Panoro Energy ASA (Panoro) has announced that Pan Petroleum Gabon B.V. has approved the operator’s proposed work program and budget to move forward with the development of the Dussafu oilfields, offshore the central African country of Gabon.

The development plan consists of two initial horizontal wells at Tortue in the Gamba and Dentale reservoirs. An appraisal side-track will also be drilled in the northwest of the Tortue field. The two production wells will be tied back to a leased FPSO (Floating Production Storage and Offloading) via subsea trees and flowlines.

The Dussafu joint venture partners are currently commissioning an independent review by Netherland Sewell and Associates to update the estimates and to move these contingent resources to reserves further to the recent FID.

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