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


News in Brief

UPDATE 1-Hess strikes oil off West African coast

  • SOURCE: | Editor
  • Oil and gas producer Hess Corp (HES.N) said on Tuesday that its Paradise-1 exploration well drilled in deepwater off the coast of Ghana had found a significant reservoir.

    The areas off the west coast of Africa have been among the hottest oil plays in recent years, with companies such as Anadarko Petroleum (APC.N) and Tullow Oil Plc (TLW.L) making major discoveries.

    The Paradise-1 well, which was drilled to a total depth of 16,436 feet (5,000 meters) in water depth of 6,038 feet, hit oil and gas condensates with an estimated net pay of 490 feet over three separate intervals.

    Hess said it would work with the Ghana National Petroleum Corp and the government of Ghana to plan for future appraisal drilling at the site, called the Deepwater Tana/Cape Three Points

     

    http://www.reuters.com/article/2011/06/07/hess-idUSN0710599720110607

    Share this article

    Leave a reply

    Personality of the Month
    Poll

    Do You Think ExxonMobil's Arrival Is Going To Make Significant Contribution Towards Our Oil Sector?

    Follow Us Online
    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
    << Nov 2018 >>
    MTWTFSS
    29 30 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 1 2
    Twitter Activity Stream
     

    Partners We are proud to be associated with:

    Skip to toolbar