U.S. oil company Anadarko Petroleum said one of its wells, located in the Deepwater Tano Block offshore Ghana, encountered significant light oil accumulation.
The Ntomme-2A appraisal well encountered about 128 net feet of light oil pay in excellent-quality sandstone reservoirs, the company said.
Fluid samples from the well, which was drilled to a depth of about 12,810 feet, indicate oil of about 35 degrees API gravity, Anadarko said.
"We now estimate oil makes up the majority of the resource in place," the company said in a statement.
Anadarko owns an 18 percent working interest in the Deepwater Tano block, which is operated by Britain's Tullow Oil plc, also with a 49.95 percent working interest.
Other partners in the block include Kosmos Energy ltd and the state-owned Ghana National Petroleum Corp.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Haruna Iddrisu for Education Ministry as Mahama nominates 9 more ministers
2 minutes -
Abla Dzifa Gomashie appointed minister-designate for Tourism, Culture and Creative Arts
10 minutes -
Christmas festivities: Retail sales value increased by18% – Maverick Research
12 minutes -
Real estate development, construction drive economy growth, create jobs
21 minutes -
Scrapping betting tax is a step forward; it was counterproductive – Sammy Awuku
34 minutes -
Record label hits back at ‘illogical’ Drake lawsuit
44 minutes -
I have always been against betting tax – Sammy Awuku
47 minutes -
Ghana drops to 13th in Africa with lowest fuel price
57 minutes -
Hallel Praise: Pastor Edwin Dadson drops medley jam with Joe Mettle
59 minutes -
How Mahama can help save Ghana’s dying textile industry
1 hour -
Mahama Ayariga to replace Ato Forson as Majority Leader
1 hour -
Cost of transporting foodstuffs a major contributor to high inflation – GSS reveals
2 hours -
U.S. Senator wants Ghana to pay off debts to American companies with IMF funding or…
2 hours -
Ghanaian Sakafia Islamic SHS wins the 2025 Zayed Sustainability Prize
3 hours -
Pack of ‘hungry’ dogs kill Nigerian woman in Italy
3 hours