Eni and Vitol, an energy and commodities company, have announced a gas and condensate discovery in CTP-Block 4, offshore Ghana
The well, drilled on the Akoma exploration prospect, proved an estimated volume between 550 and 650 bcf of gas and 18-20 mmbbl of condensate. The discovery has an additional upside for gas and oil that will require further drilling to be confirmed.
The Akoma-1X exploration well is located about 50 km off the coast and about 12 km northwest from the Sankofa hub, where the John Agyekum Kufuor FPSO is located. The well was drilled in a water depth of 350 m by the Maersk Voyager drilling ship and reached a total depth of 3790 m.
It proved a single gas and condensate column in a 20 m thick sandstone interval of Cenomanian age.
Akoma-1X is the first well drilled in CTP-Block 4 and represents a discovery of a potentially commercial nature due to its close proximity to existing infrastructures. With a subsea tie to the FPSO, the discovery can be put into production with the aim of extending its production plateau.
Russell Hardy, Group CEO, Vitol said, “Vitol is proud to have been a part of Ghana’s energy sector for almost 30 years. We are committed to continuing to invest in Ghana’s energy infrastructure and are pleased with this latest development.”
The joint venture of CTP-Block 4 is formed by Eni Ghana (operator, 42.469 per cent), Vitol Upstream Tano (33.975 per cent), GNPC (10 per cent), Woodfields Upstream (9.556 per cent), Explorco (four per cent).
