Panoro Energy's Dussafu drilling campaign faces delays after rig sinks
BORR•Panoro Energy's MaBoMo Phase 2 drilling campaign in Gabon was delayed after the Prospector 5 rig sank on October 24, causing loss of life. Production resumed October 28, and Dussafu is producing about 3,600 barrels per day net to Panoro's 17.5% interest.
1. Drilling campaign delayed
The Prospector 5 rig, operated by Borr Drilling, sank on October 24 during preparations for Panoro Energy's MaBoMo Phase 2 campaign in Gabon. The accident caused loss of life.
2. Production and next steps
MaBoMo production resumed on October 28 after a precautionary shutdown. No damage to the facility or related equipment has been reported. Dussafu production is approximately 3,600 barrels per day net to Panoro's 17.5% interest.
3. Options under review
The joint venture is assessing alternative drilling options, while Panoro evaluates the impact on its outlook.
