Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Tullow Hits Oil Pay Offshore Ghana

change text size

Tano Fields
(Click to Enlarge)

Tullow Oil intersected a significant amount of light oil in the Owo-1 exploration well in the Deepwater Tano license offshore Ghana, potentially adding a billion barrels of oil equivalent to the resource estimate for the area. The deviated well encountered a gross vertical reservoir interval of 505 feet (154 meters) containing 174 feet (53 meters) of net oil pay in two zones of high quality stacked reservoir sandstones. Pressure data indicates that these zones are part of the same accumulation, and samples show that the oil is light, between 33 and 36 degrees API. Following the completion of logging operations, the well will be sidetracked .4 miles (.6 kilometers) to the east to provide additional information on lateral reservoir distribution, and to intersect a deeper part of the Owo channel system. Drilled by the Sedco 702 semisub, the well reached a final depth of 12,766 feet (3,891 meters) in a water depth of 4,685 feet (1,428 meters). Tullow Oil operates the license, holding a 49.95% interest; Kosmos Energy holds 18%; Anadarko holds 18%; Sabre Oil & Gas holds 4.05%; and the Ghana National Petroleum Corporation holds 10%.

continue reading the full article

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.

Most Popular Articles
From the Career Center
Jobs that may interest you
Oil & Gas Software Developer
Expertise: IT - Analysis & Management, IT - Programming & Database, Software Specialist
Location: Denver, CO
 
Geologist
Expertise: Geologist
Location: Houston, TX
 
Formation Reservoir Solutions- Geophysicist - Consultant III
Expertise: Geophysicist
Location: Denver, CO
 
search for more jobs