• About Us
  • Photo Gallery
  • Privacy Policy
  • Terms Of Use
Monday, January 30, 2023
Republic Online
Advertisement
  • Home
  • News
  • Politics
  • Business
  • Showbiz
  • Sports
  • Foreign
  • Coronavirus
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Showbiz
  • Sports
  • Foreign
  • Coronavirus
  • Opinion
No Result
View All Result
Republic Online
No Result
View All Result
Home Business

Eni discovers oil in Ghana

Italian oil and gas firm, Eni, lead operator of the Offshore Cape Three Point (OCTP) in the Republic of Ghana has announced a significant oil discovery with the potential to produce 700 million barrels of oil equivalent (Mboe).

Republic Online by Republic Online
July 8, 2021
in Business, General, Local News, News, Review, Top Stories
0 0
0
Eni discovers oil in Ghana
0
SHARES
123
VIEWS
Share on FacebookShare on Twitter

Italian oil and gas firm, Eni, lead operator of the Offshore Cape Three Point (OCTP) in the Republic of Ghana has announced a significant oil discovery with the potential to produce 700 million barrels of oil equivalent (Mboe).

The company, in a statement, said the discovery was made on the Eban exploration prospect in Cape Three Points Block 4, offshore Ghana, and production testing data shows a well deliverability potential estimated at 5,000 barrels of oil per day, similar to the wells already in production from the Sankofa Field.

“The Eban – 1X well is located approximately 50 kilometers off the coast and about eight kilometers Northwest of Sankofa Hub, where the John Agyekum Kufuor FPSO is located. It was drilled by the Saipem 10000 drilling ship in a water depth of 545 meters and reached a total depth of 4179 meters (measured depth). Eban – 1X proved a single light oil column of approximately 80m in a thick sandstone reservoir interval of Cenomanian age with hydrocarbons encountered down to 3949m (true vertical depth),” the statement said.

“The new discovery has been assessed following comprehensive analysis of extensive 3D seismic datasets and well data acquisition including pressure measurements, fluid sampling and intelligent formation testing with state-of-the-art technology. The acquired pressure and fluid data (oil density and Gas-to-Oil Ratio) and reservoir properties are consistent with the previous discovery of Akoma and nearby Sankofa field. The production testing data shows a well deliverability potential estimated at 5000 bopd, similar to the wells already in production from Sankofa Field.

“The estimated hydrocarbon in place between the Sankofa field and the Eban-Akoma complex is now in excess of 1.1 Bboe and further oil in place upside could be confirmed with an additional appraisal well.”

The statement further disclosed that due to its proximity to existing infrastructures, “the new discovery can be fast-tracked to production with a subsea tie-in to the John Agyekum Kufuor FPSO, with the aim to extend its production plateau and increase production. The Eban discovery is a testimony to the success of the infrastructure-led exploration strategy that Eni is carrying out in its core assets worldwide.”

The Joint Venture of CTP Block 4 is operated by Eni (42.469 percent), on behalf of partners Vitol (33.975 percent), GNPC (10 percent), Woodfields (9.556 percent), GNPC Explorco (4.00 percent).

Eni has been in Ghana since 2009 and currently accounts for a gross production of about 80,000 barrels of oil per day.

READ FULL REPORT HERE

Source: Energy News
Tags: Eni




  • Chief falls off from palanquin in C/R while performing a traditional dance.

#RepublicNews
  • Some NDC MPs raise concerns over front bench reshuffle, petition party leadership for answers. 

Find out more at myrepubliconline.com

#RepublicNews
  • Members of the NDC in Asewase, Ashanti Region, protesting against the leadership
  • Some members of the National Democratic Congress from the Tamale South Constituency are unhappy with the removal of Haruna Iddrisu as Minority Leader. 

#RepublicNews
  • On our way to look for those who buy cars 🤣🤣🤣🤣

#RepublicFun
  • "Do you know what it is to be a President? And you stand and say incompetent Mahama administration"

John Mahama (2016)

#RepublicNews
  • Mamponghene and mamponghemaa on the dance floor🥰🥰🥰

#RepublicFun
  • "Don
  • "Don

NEWSLETTER

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Showbiz
  • Sports
  • Foreign
  • Coronavirus
  • Opinion

© 2021 All Rights Reserved myrepubliconline.

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist