🇬🇦GabonCentral Africa
Maurel & Prom boosts production and secures new gas prospects in Gabon
via Gabon Review4 min read
Maurel & Prom reported a significant rebound in its Gabonese operations during the first quarter of 2026, with oil production reaching 14,456 barrels per day. This marks a 14% increase from the previous quarter, driven by the Ezanga permit, and confirms an operational recovery after a downturn in late 2025. Gabon remains a key financial contributor, generating $98 million in revenue for the group, a 29% rise from Q4 2025, supported by an average oil price of $90.8 per barrel. Beyond oil, Maurel & Prom achieved a strategic milestone in gas exploration with the successful Mouletsi-2 well on the Etekamba gas permit. Tests indicate a potential production of approximately 25 million cubic feet per day, with production anticipated by the end of 2026. This represents the group's first gas project in Gabon, diversifying its activities and strengthening Gabon's role as a crucial asset for Maurel & Prom's future growth, contributing nearly half of the group's production revenues for the quarter.
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