Aker Energy Strikes Oil at Offshore Ghana Well

Aker Energy, operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, has struck oil in the Pecan South-1A well offshore Ghana, the company announced March 4.

The Pecan South-1A well was drilled south of the main Pecan field in the DWT/CTP block.

Back in January, Aker Energy said it expected to complete a successful appraisal well in the block’s Pecan field.

Aker Energy is analyzing the well result and will drilling further to verify the volume estimate, which will be added to resources from existing discoveries in the area. Those were previously estimated to be 450- to 550 million barrels of oil equivalent.

“We are pleased to announce another successful well as the operator of the DWT/CTP block,” Aker Energy CEO Jan Arve Haugan said in a company statement. “The drilling result is another confirmation of the geological model for the area. The discovered resources from the well will further strengthen the robustness of the Pecan field development. We will now continue the appraisal drilling campaign, while finalizing the Plan of Development to be submitted by the end of March.”

Aker Energy holds a 50 percent participating interest in the DWT/CTP block. Partners are LUKOIL (38%), the Ghana National Petroleum Corporation (10%) and Fueltrade (2%).