BW Offshore: Successful Completion of Second Production Well at Tortue

BW Offshore is pleased to announce the successful drilling and completion of the second production well, DTM-3H, located in the Tortue field, within the Dussafu Marin License, offshore Gabon. 

Drilling of the oil production well commenced in May 2018 and was completed with no safety-related incidents, on schedule and within budget. The well was drilled to a total measured depth of 3563 meters and interpretation of the logging results indicates that the well was entirely consistent with pre-drill prognosis and objectives.

Following demobilisation at the DTM-3H well, the Borr Norve drilling rig will commence operations on the Ruche North East appraisal well on the Ruche field.

For further information, please contact: 
Knut R. Sæthre, CFO, [phone]
[e-mail] or www.bwoffshore.com

About BW Offshore:
BW Offshore is a leading global provider of floating production services to the oil and gas industry. BW Offshore has a fleet of 15 FPSOs and one FSO represented in all major oil & gas regions world-wide. BW Offshore has a long track record on project execution and operations. In more than 30 years of production, BW Offshore has executed 39 FPSO and FSO projects. The company is listed on the Oslo Stock Exchange.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

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Source: BW Offshore via Globenewswire