Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

Ghana – Pecan -1 strikes oil

In a release issued by the Ghana National Petroleum Corporation (GNPC), the Pecan-1 exploration well, located in the Deepwater Tano/Cape Three Points Block offshore Ghana has struck more oil.

This discovery encountered 245 net feet (75 meters) of oil pay in two separate Turonian intervals. The well was drilled to a total depth of 15,420 feet in water depth of 8,245 feet.

There have been four earlier discoveries in the block. These are Almond, 50 net feet (15 meters) oil pay, Beech, 145 net feet (44 meters) oil pay, Hickory North, 100 net feet (30 meters) gas condensate pay and Paradise, 120 net feet (37 meters) of oil pay and 300 net feet (92 meters) of gas condensate pay.

According to Mr. Thomas Manu, the Director of Operations, “The Pecan-1 oil discovery and the four other discoveries have significantly increased the hydrocarbon reserves of the block.” Mr. Manu further stated that approval work on this discovery will start in 2013.

Ghana National Petroleum Corporation has 10-percent carried interest in the Deepwater Tano Block and Hess has the remaining 90 percent interest.

Profile photo of Editor
Follow Us

Editor

Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
Profile photo of Editor
Follow Us

Share this article

Leave a reply

Personality of the Month
  • Prof. Thomas Mba Akabzaa Chief Director of Ministry of Petroleum          …
Follow Us Online
Join the Discussions

Summary: Revenue mobilization from the oil sector for Agricultural production in Ghana, a myth or reality?

Agriculture, once considered the backbone of Ghana’s economy recorded a reduction of its contribution to GDP from 45% in 1992…

Responses Add your response


About Us
Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
Events Calendar
<< Aug 2017 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3
Twitter Activity Stream
 

Partners We are proud to be associated with:

Skip to toolbar