Eni strikes oil offshore Ghana

Image: Financial Times

Italian oil major, Eni has announced a gas and condensate discovery in CTP-Block 4, offshore Ghana.

The exploration well was drilled by the Maersk Voyager drillship in a depth of 350m and reached a total depth of 3,790m.

On Thursday, ENI said that the well drilled on the Akoma prospect proved an estimated volume of 550-650 billion cubic feet of gas and 18-20 million barrels of condensate, adding that the discovery has further potential for gas and oil that will be confirmed on further drilling efforts.

The Akoma – 1x is the first well drilled in CTP-Block 4 and represents a discovery of a potentially commercial nature, due to its close distance to the existing infrastructures.

“The discovery can be put in production with a subsea tie to the floating production storage and offloading unit (FPSO) with the aim to extend its production plateau,” the company said.

The Akoma – 1x is located 50km off the coast and 12km north-west of the Sankofa hub, where production on the FPSO Johan Agyekum Kufor is ongoing.

This campaign was carried out by the CTP-Block 4 joint venture where Eni Ghana is an operator (42.469 percent), Vitol Upstream Tano (33.975 percent), GNPC (10 percent), Woodfields Upstream (9,556 percent) and Explorco (4 percent).

This announcement follows last month’s oil and gas discovery in the North Sea by Eni through its subsidiary Var Energi, a gas discovery in the Nour exploration prospect offshore Egypt and a major oil discovery in Angolan deep waters.