Ghana has made its first hydrocarbon discovery in a carbonate reservoir system, opening new possibilities for future exploration, President John Dramani \u200bMahama said on Tuesday.<\/p>\n
Speaking at a conference in the Western \u200cRegion, Mahama said the find in the Deepwater Cape Three Points block, located around 148 kilometres (92 miles) offshore Ghana, had proved a new type of geological target for \u200bthe country beyond oil- and gas-bearing sandstone reservoirs.<\/p>\n
“It is the country’s \u200bfirst successful test of a Cenomanian-Turonian carbonate play as a \u2060primary exploration target,” he said, referring to the geological potential.<\/p>\n
Planet One Oil & \u200bGas, which operates the block covering about 1,454 square km with GOIL Upstream \u200bLtd and state oil company Ghana National Petroleum Corporation, said in a release on Tuesday that hydrocarbons were found at its Nya Gyidie-1X exploration well.<\/p>\n
Nya Gyidie-1X, which \u200bmeans “have faith” in the local Akan language, was drilled in water \u200bdepths of 2,289 metres (7,510 feet), the company said.<\/p>\n
It was not immediately clear whether \u200cthe \u2060discovery was oil or gas, and no volume estimates were given.<\/p>\n
“Further evaluation is under way to determine the scale of the discovery and the appropriate development approach,” Andaleeb Sehgal, Planet One’s chief executive, said in \u200bresponse to questions \u200bfrom Reuters.<\/p>\n
Sehgal \u2060said the company has the expertise needed for deepwater development and is committed to further onshore and offshore exploration \u200bdrilling over the next 12 to 18 months.<\/p>\n
Energy Minister \u200bJohn Jinapor \u2060said in the release that the find was a significant milestone in efforts to revitalise the upstream sector and attract investment.<\/p>\n
Ghana’s existing commercial \u2060discoveries have \u200bbeen in sandstone formations.<\/p>\n
In June, Mahama announced $3.5 \u200bbillion in new upstream investment commitments as the government seeks to replace reserves and \u200bboost output.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ghana has made its first hydrocarbon discovery in a carbonate reservoir system, opening new possibilities for future exploration, President John Dramani \u200bMahama said on Tuesday. Speaking at a conference in the Western \u200cRegion, Mahama said the find in the Deepwater Cape Three Points block, located around 148 kilometres (92 miles) offshore Ghana, had proved a […]<\/p>\n","protected":false},"author":6,"featured_media":22572,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":1,"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_comment_section":"1","number_popup_post":"1","show_post_related":"1","show_inline_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","source_name":"Reuters","subtitle":""},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[2831,2362,27],"tags":[158,2858],"class_list":["post-22571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-featured","category-west-africa","tag-ghana","tag-john-dramani-mahama"],"_links":{"self":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/22571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/comments?post=22571"}],"version-history":[{"count":1,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/22571\/revisions"}],"predecessor-version":[{"id":22573,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/22571\/revisions\/22573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media\/22572"}],"wp:attachment":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media?parent=22571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/categories?post=22571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/tags?post=22571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}