🇬🇦GabonCentral Africa
Vaalco Energy reports promising drilling results in Gabon, anticipates a very profitable 2026
via Gabon Review4 min read
Vaalco Energy, an American oil company, has announced significant progress in its offshore operations in Gabon, with encouraging performance from the Etame 14H well. The company is optimistic about its ongoing drilling campaign and growth prospects for 2026. On April 21, 2026, Vaalco Energy reported positive operational results from its drilling campaign off the coast of Gabon, highlighted by the successful commissioning of the Etame 14H development well. According to the company's statement, this well was "successfully drilled, completed, and brought into production" in a strategic area of the Etame field. It revealed "325 meters of net productive zone in high-quality Gamba sands," with reservoir characteristics exceeding initial expectations. Production performance is considered particularly strong, with the well achieving an initial flow rate of approximately 4,850 barrels of crude oil per day, equating to 2,850 net barrels for the company. The drilling campaign continues with the deployment of the drilling rig to the Ebouri site, where the company has begun drilling the EEBOM-5H well. This well is designed to exploit a new zone by deviating from an old abandoned well, part of a broader strategy to optimize existing resources and progressively increase production. George Maxwell, CEO of Vaalco Energy, expressed confidence in the company's outlook, stating, "Our drilling campaign in Gabon continues to yield positive results." He praised the performance of the Etame 14H well
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