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Wednesday, March 6, 2019
Aker Energy, operator of Ghana’s Deepwater Tano Cape Three Points (DWT/CTP) project, hit oil with the drilling of the Pecan South-1A well offshore Ghana. Aker said that it will now drill a sidetrack to further appraise the volume potential.
The Pecan South-1A well was drilled south of the main Pecan field in the DWT/CTP block and encountered oil. Aker Energy is in the process of analyzing the well result and will commence further drilling in order to verify the volume estimate. These volumes will be an addition to the gross contingent resources (2C) from the existing discoveries in the area, previously estimated to 450 – 550 million boe.
The drillship Maersk Viking will now drill a sidetrack well in Pecan South, before relocating to drill the third well in the ongoing appraisal campaign, Pecan South East. Based on the Pecan South result and pre-drill estimates of Pecan South East, Aker Energy estimates that the total volumes to be included in a Plan of Development (POD) have the potential to increase to between 600 – 1,000 million boe. Aker Energy sees further upsides in the area. The company has identified multiple well targets to be drilled as part of a greater area development after submission of the POD.
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