Eni Hits Hydrocarbon Pay Offshore Ghana

Eni has found hydrocarbons in the Gye Nyame-1 well in the OCTP block offshore Ghana. The well, drilled in 1,703 feet (519 meters) of water, reached a total depth of 10,998 feet (3,349 meters), encountering significant thickness of gas and condensate sands with excellent reservoir characteristics.

The well also discovered oil mineralization in the underlying sands. The potential of the well is being assessed through a delineation program. Eni, through its subsidiary Eni Ghana Exploration and Production Limited, operates the OCTP license with a 47.22% interest.

Partners in the license include Vitol Upstream Ghana Limited, with a 37.78% interest, and GNPC with a 15% stake. State company, GNPC, has a back-in option for an additional 5% of the license. 

continue reading the full article


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
United States Broussard: AFO Monitoring Specialist, Sr
Expertise: Geoscientist
Location: Broussard, ME
Mid to Senior-Level Environmental Geologist
Expertise: Environmental Engineer|Geologist
Location: Wichita, KS
Senior GIS Analyst- Spatial Data Management
Expertise: Geoscience Technician
Location: Houston, TX
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours