{"id":342604,"date":"2026-03-10T10:28:46","date_gmt":"2026-03-10T14:28:46","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/vaalco-adjusts-drilling-in-gabon-after-dry-hole-discovery\/"},"modified":"2026-03-10T11:55:41","modified_gmt":"2026-03-10T15:55:41","slug":"vaalco-adjusts-drilling-in-gabon-after-dry-hole-discovery","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/vaalco-adjusts-drilling-in-gabon-after-dry-hole-discovery\/","title":{"rendered":"Vaalco adjusts drilling in Gabon after dry hole discovery"},"content":{"rendered":"\n

Vaalco Energy adjusted its deepwater strategy in Gabon after confirming that the Etame West ET-14P exploratory well<\/a><\/strong>, drilled as part of its Phase 3 Drilling Program, does not contain commercial hydrocarbons<\/a><\/strong>. Although 10 meters of high-quality Gamba sands were encountered, the result was a water-bearing zone, forcing the lower section to be plugged. <\/p>\n\n

However, the well design allowed Vaalco to redirect its efforts toward a productive target. The upper part of ET-14P will be reused to drill the ET-14H development well in the Etame Main Fault Block, pending approval from its partners. Operations are expected to conclude in April. <\/p>\n\n

Offshore drilling with controlled geological risk<\/h2>\n\n

The Houston-based company noted that the decision to drill this well carried known geological risks, but it was also designed to provide a development option if results were unfavorable. This strategy reflects flexible planning aimed at maximizing already appraised assets. <\/p>\n\n

The ET-14H well will target a structure with a productive history within the Etame Block, where Vaalco already operates with a consolidated presence. The immediate goal is to accelerate development without incurring new costs from drilling from scratch. <\/p>\n\n

Institutional interest and financial outlook<\/h2>\n\n

Despite the exploratory setback, recent movements by institutional funds maintain interest in Vaalco. Firms such as UBS Group and SEI Investments significantly increased their stake in the company’s equity during the last quarter of 2025, according to data from Quiver Quantitative. <\/p>\n\n

Analysts at Freedom Capital maintain a “buy” rating for the EGY ticker, supporting the operational reuse strategy as an efficient way to mitigate risks in complex exploratory environments.<\/p>\n\n

Regional positioning<\/h2>\n\n

Vaalco has a diversified portfolio of operations in West Africa<\/a><\/strong>, including assets in Egypt, Ivory Coast, Equatorial Guinea, and Nigeria, in addition to Gabon<\/a><\/strong>. This geography allows the company to balance efforts between development, production, and exploration. <\/p>\n\n

The firm reaffirms its commitment to regional growth and the optimization of existing resources, maintaining a key presence in the Gulf of Guinea offshore sector.<\/p>\n\n

Source and photo: Vaalco Energy<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The ET-14P well turned out to be a dry hole, so Vaalco will sidetrack its drilling toward a previously confirmed productive area.<\/p>\n","protected":false},"author":9014,"featured_media":342563,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-342604","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/342604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/9014"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=342604"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/342604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/342563"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=342604"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=342604"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=342604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}