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Showing posts with label Ghana. Show all posts
Showing posts with label Ghana. Show all posts

Monday, January 23, 2012

Oil & Gas Discoveries in West Africa in 2011

A study using the ‘docsearch tool’ by Derrick Petroleum Services reveals that there were 40 successful wells drilled in West Africa.

Out of these, 2 were in the Cote d’Ivoire, 2 in Sierra Leone, 7 in Mauritania, 17 in Ghana, and 1 in Guinea Bissau. 14 were exploration wells and the remaining were appraisals.

13 were operated by Kosmos, while 10 were drilled by Tullow.

A few of these discoveries are listed below
Operator
Name
Country
Anadarko Petroleum
Mercury
Sierra Leone
Anadarko Petroleum
Venus B-1
Sierra Leone
Dana Petroleum
Cormoran
Mauritania
Dana Petroleum
Aigrette
Mauritania
Dana Petroleum
Pelican
Mauritania
Eni
Gye Nyame-1
Ghana
Eni
Sankofa-1A
Ghana
Eni
Sankofa-2
Ghana
Hess
Paradise-1
Ghana
Kosmos Energy
Makore 
Ghana
Kosmos Energy
Banda West
Ghana
Kosmos Energy
Teak-1
Ghana
Kosmos Energy
Akasa-1 
Ghana
Kosmos Energy
Teak-2
Ghana
Kosmos Energy
Mahogany-5
Ghana


Source: Derrick Petroleum 'DocSearch'

To get more information on exploration in West Africa use the new Derrick OIl & Gas search tool. A sample search for West Africa is provided in the link below. 


Friday, May 27, 2011

Tullow acquires $730 million worth assets back to back in Ghana and Netherlands

Tullow Oil plc agreed to acquire the interests of EO Group Limited, consisting of its entire interests offshore Ghana, for a consideration of $305 million. This acquisition will increase Tullow's interest in the West Cape Three Points licence offshore Ghana by 3.5% to 26.4% and increase the Group's interest in the world-class Jubilee Oil field, which Tullow Operates, by 1.75% to 36.5%. The receipt of Tullow shares as part of the consideration gives EO the opportunity to retain an indirect interest in the upside potential of all of Tullow's Ghanaian assets.

Just a day back, Tullow Oil agreed to acquire Nuon Exploration and Production (Nuon E&P) for a cash consideration of €300 million ($425 million) from the Vattenfall Group. The acquisition of Nuon E&P will significantly enhance Tullow's North Sea business adding a portfolio of 25 licences that include over 30 producing fields, numerous development and exploration opportunities and ownership of key infrastructure.  This portfolio will increase the Group's North Sea gas production by 9,000 boepd to approximately 23,000 boepd and add reserves and resources of 28 mmboe. 

Overview of 2010 results of Tullow Oil

Monday, May 23, 2011

GHANA - RECENT OIL DISCOVERIES AND EXPLORATION PLANS FOR 2011


Ghana is a country in West Africa with significant recent oil discoveries. West African exploration got off to a bang with the discovery of the Jubilee oil field in June 2007 following the drilling of the Mahogany-1well in Ghana's deep waters. This was the largest oil find in a decade in West Africa. Following this, other significant finds were made in Ghana and along the West African margin. For a list of West African oil discoveries in 2010 - 2011 click here. This article lists the recent significant discoveries in Ghana and exploration plans of upstream companies planning to drill offshore Ghana. For further information on Angola (South West Africa), click here. For a list of discoveries in neighbouring Cote D'Ivoire and exploration activity in 2011 - 2012 click here. All information has been sourced from Derrick Petroleum's extensive exploration and deals databases.

Exploration Plans
Source: Derrick Planned Exploration Wells Database. The number of columns has been minimized to fit the table on the page. The actual database has many more parameters listed and recorded. 

           1. Cape Three Points Deep Water Block     The Cape Three Points Deepwater block encompasses an area of 5,146 sq km in water depths ranging            from 200 to 3,000 m in the Tano Basin. The Dzata - 1 well was drilled in May 2009 by the Aban Abraham drillship. The well struck hydrocarbons over 94 m, including a 25 m net section of layered oil and gas pay. The well is temporarily plugged and abandoned for future appraisal activities. A second exploration well is further planned to be drilled in 2011. The partners in the block are:
     
 





Map showing locations of the following blocks; Deepwater Tano Block, West Cape Three Points Block, Offshore Cape Three Points Block, Offshore Cape Three Points South Block, Deepwater Tano Cape Three Points Block and Cape Three Points Deepwater Block. Source: Modified from Kosmos Energy

 2. Keta BlockKeta block is located offshore Eastern Ghana, positioned at the heart of the Volta River Basin. The Keta block covers an area of 5500 sq kms, in water depths ranging from 1000 m to 2800 m. The block is covered by 1600 sq km of good quality 3D seismic. The Cuda-1x exploration well, the first well to target the Cuda prospect estimated to contain 325 mmbbls of mean prospective resources was drilled in Q4, 2008. It encountered an unexpectedly severe high pressure zone in the top of the Upper Cretaceous which ultimately required Cuda-1x to be plugged and abandoned. Afren is studying the results from this well and is planning to drill another exploration well in 2011. The partners in the block are,

2.      
 Keta Block Location. Source: Afren 



      3.      West Cape Three Points Block The block covers an area of 1,761 sq km, is about 12 kms from the Ghanaian coastline, with water depth varying from 50 to 1800 m. The operator spudded the Teak-1 exploration well in Q4 2010 which was an oil discovery. On Mar 28, 2011, the Teak-2 exploration well encountered approximately 90 net feet of high-quality oil, condensate and natural gas pay in stacked Campanian- and Turonian-age reservoirs. After preserving the well, the partners plan to drill the Banda prospect on the same block. As per Anadarko's Feb 2011 presentation, three more prospects namely Banda Deep/Cenomanian, South Central Channel and Dahoma Updip have been identified on the block, and which are planned to be drilled from Q2 to Q3 2011. The partners in the block are: 


      4.      Deepwater Tano Cape Three Points Block Tano Cape Three Points Block is located offshore of the Ghana coast in deepwater. Hess acquired 1,038km of 2D seismic and 1,512 km² of 3D seismic in 2007. Both data have been processed and interpreted. In addition, it conducted sea bed logging in 2008 and drilled one exploration well – the Ankrobra-1 in 2008. The well was however unsuccessful. Hess spud an exploration well on the Paradise prospect in Q1 2011 which encountered 370 feet of net hydrocarbon pay in two separate intervals. Hess Corp. holds a 100% interest in the Deepwater Tano Cape Three Points License.


      5.      Offshore Cape Three Points Block The block covers an area of 2080 sq km offshore Ghana. The world-class Jubilee oil field was discovered in the adjacent licence block during 2007 and a number of further discoveries have been announced since, substantially de-risking the block and highlighting its significant potential. During 2007, more than 800 sq km of 3D seismic was shot over the block. In September 2009, an oil and gas discovery was made at the Sankofa-1A exploration well. The well was drilled by the Blackford Dolphin semisub and it encountered a net column of approximately 3.2 m of oil and 33.1 m of gas in reservoir sands of Campanian age. In 2010, a further 860 sq km 3D seismic survey was acquired to augment the 1,037 sq km 3D seismic survey completed in 2007. The seismic programme covers the eastern area of the block where an exploration well will be drilled in 2011.


6.      Offshore Cape Three Points South Block
      The Offshore Cape Three Points South (OCTPS) block lies immediately to the south of the OCTP block and was awarded to Vitol in June 2008. More than 600 sq km of extra 3D seismic survey has been carried out on the block. An exploration well was drilled in 2010 and the evaluation of the results is continuing. The partners in the licence are;


  7.      Deepwater Tano Licence
       The Deepwater Tano licence covers an area of 831 sq km, in the Tano Basin, offshore Ghana. In Q1, 2009, the Tweneboa-1 well, lying about 16 miles west of the Jubilee oilfield on the adjacent West Cape Three Points Block, was drilled in water depths of 1148 m to a total depth of 3593 and discovered significant amounts of oil & gas in it. Two more prospects namely Owo and Onyina were also identified and the Owo prospect was drilled in early June 2010. The deviated well, located approximately 6km to the west of the Tweneboa wells, encountered a gross vertical reservoir interval of 154 metres containing 53 metres of net oil pay in two zones of high quality stacked reservoir sandstones with 33 - 36 API oil. The second prospect Onyina was spudded in November 2010 to explore a large, high-risk, Campanian prospect between the Tweneboa and Jubilee fields in the northeast of the Deepwater Tano Licence. The well encountered water bearing reservoirs. The partners in the block are,
Source: Kosmos
       

  
      8.      Offshore Accra Contract Area

The Offshore Accra Contract Area covers an area of about 2,000 sq km and is located southeast of Accra, the capital of the Republic of Ghana. Existing 3D seismic studies have identified more than 100 mmbls of oil potential in the area. 3D seismic was acquired over the deep water section of the block early in 2010. This seismic is presently being processed and vintage seismic reprocessed with a view to maturing a prospect for drilling in 2012. The partners in the block are,
 

Source: Tap Oil


Wednesday, May 18, 2011

List of West African Oil Discoveries in 2010 - 2011.

Ok.., here it is.. One of the most definitive lists of discoveries in West Africa for 2010-2011 so far. There is increasing excitement about the vast potential in West Africa's offshore basins and I thought it would be worthwhile to list them out. The material has been sourced from Derrick Petroleum's exhaustive data on exploration and deals. For the record, I consider Angola part of West Africa here, although to be more precise, it is located in South-West-Central Africa. 

For more information of discoveries and exploration plans for the following West African countries in 2011, click on the following links. Cote D’ivoire; Ghana discoveries; Ghana Exploration in 2011, Exploration in Mauritania, Benin & Togo; Angola; Sierra Leone; Sengal; Liberia; Cameroon.

Table 1: List of Discoveries in 2010 - 2011. Source Derrick Petroleum Services

Map of West Africa - Source: USGS


Sierra Leone
The Mercury-1 well was announced as a discovery in Nov 2010 with approximately 135 net feet of oil pay in two Cretaceous-age fan systems. Anadarko operates block SL-07B-10 with a 65-percent working interest. Co-owners in the block include Repsol (25%) and Tullow (10%). This was the second well drilled on the block, the first being the Venus-B well on the Venus prospect drilled in August 2009 which encountered 14 m of hydrocarbons.

Source: Anadarko Corp

Ghana
The Dzata - 1 well was drilled in May 2009 in the Cape Three Points Deep Water Block by the Aban Abraham drillship and struck hydrocarbons over 94 m, including a 25-m net section of layered oil and gas pay. The well is temporarily plugged and abandoned for future appraisal activities. Vanco Energy (28.34%) is operator of the block and other partners are Lukoil (56.66%) and Ghana National Petroleum Corporation (15%). 

Source: Hess Corp

In March 2009, Kosmos announced that the Tweneboa-1 well drilled in the Deep Water Tano Licence discovered a light hydrocarbon accumulation with 21 m net pay in a single, good-quality sandstone reservoir similar in age to those found in the Jubilee Field. The Tweneboa-1 well was the seventh consecutive successful well Kosmos and its partners drilled on the West Cape Three Points and Deepwater Tano blocks, including three previous exploration wells that found oil on the West Cape Three Points Block since mid-2007. The Mahogany-1 exploration well discovered the Jubilee Field, which was announced in June 2007; the Odum-1 exploration well discovered the Odum Field, which was announced in February 2008; and the Mahogany-3 well discovered the Mahogany Deep Field which was announced in January 2009.

The Owo prospect in the Deep Water Tano Licence was drilled in early June 2010 and encountered a significant light oil accumulation . The Enyenra-2A appraisal well on this discovery intersected 32 m in 2 channels. Tullow operates the block, holding a 49.95% interest; Kosmos Energy holds 18%; Anadarko Petroleum holds 18%; Sabre Oil and Gas holds 4.05%; and the Ghana National Petroleum Corporation holds a 10% carried interest.  

The Teak-1 exploration well in the West Cape Three Points Block was spud in Q4 2010 and discovered oil. On Mar 28, 2011, the Teak-2 exploration well encountered approximately 90 net feet of high-quality oil, condensate and natural gas pay in stacked Campanian- and Turonian-age reservoirs. Kosmos Energy (30.875%) is the operator of the Block. Other partners are Anadarko (30.875%) Tullow Oil (22.896%), KG Group (3.5%), Sabre Oil and Gas ( 1.854%) and Ghana National Petroleum Corporation (GNPC) which has a 10% carried interest.


To find out which companies are drilling in Ghana in 2011, click here

Nigeria
On June 24, 2010, Total announced that the Agge-3B.T1 well in the OML 136 licence in water depths of 140 m discovered several gas bearing reservoirs totalling a gross thickness in excess of 150 m. A production test performed over the lower intervals yielded a production of 21 million cubic feet of gas per day on a 36/64’’ choke. Conoil Producing Limited (60%) is the operator of the licence and Total (40%) is partner.

Source: Total

On 12 July 2010, Sinopec announced that the UDELE-3 well in Block 137, in the Niger Delta, struck an oil layer of 45.9 m and test yields showed an oil flow of 3,365 barrels of oil and 28,300 cubic metres of gas a day. Sinopec is the owner and operator of the licence after acquiring the Swiss firm Addax Petroleum.

The Pegi-1 discovery well encountered 165 net feet (50.3 m) of rich gas condensate. The well was drilled in 315 ft (96 m water depth to a total depth of 11,407 feet (3,477 m) beneath the Awawa field. Analysis of recovered samples indicated an API gravity of ~41 degrees. ExxonMobil is the operator of the block with a 40 percent working interest, with the NNPC holding the remaining 60 percent. 

Cameroon
Bowleven, the West Africa focused oil and gas exploration group traded on AIM, announced that the Sapele-1 exploration well drilling in the Douala Basin, offshore Cameroon was drilled to a total depth (TD) of 4,733 m. Based on an analysis of a major steep change in pressure encountered and the interpretation of the seismic, Bowleven interpreted that the well may have encountered a significant hydrocarbon column in the Cretaceous. Further studies are ongoing. The well was drilled on the MHLP-5 block on Sept 14 2010. The MHLP-5, MLHP-6 and MLHP-7 blocks are located in the Etinde Permit Area and the blocks are operated by Bowleven (75%) and the partner is Vitol Group (25%).

Source: Bowleven

Gabon
Drilling in the Onal licence area yielded the Maroc Nord OMOC-N-1 discovery which identified a 111-metre column of oil. Pump tests established a flow of 1,700 bpd of oil (flow limited by the pump’s maximum capacity) with an API of 33.4. Maurel &  Prom (85%) operates the Onal production licence and is partnered by Tullow (7.5%) and AIC-Petrofi (7.5%).

The Southeast Etame No. 1 (“ETSEM-1”) exploration well completed drilling to a total depth of 9,045 feet (2,757 m) offshore Gabon and encountered approximately sixteen feet (five m) of oil saturated Gamba sandstone. Valco Energy (28.07%) operates the Etame Marin Permit in which this discovery was made with the other partners being Addax Petroleum (31.36%), Sasol Petroleum (27.75%), Sojitz Etame Limited (2.98%), PetroEnergy Resources Corp. (2.34%) and Tullow Oil Gabon SA (7.5%).


Angola
The Castanha-1 well was spud in Nov 2009 and struck 15 m of hydrocarbons in pre-salt sediments at a depth between 2,214 and 2,229 m. The Castanha-4 appraisal well encountered a gross hydrocarbon column of approx. 15 m in the Chela Formation. Production testing of the Castanha-2, Castanha-3 and Castanha-4 appraisal wells is planned to commence following which the consortium will take a decision as to its commerciality. Participating Interests in the Cabinda Onshore South Block in which the discovery was made are: Pluspetrol Angola Corporation (Operator) 45%; Force Petroleum de Angola 20%; Sonangol P&P 20%; Lacula Oil Company (ROC) 10%; Cuba Petroleo 5%.

Source: Roc Oil

The Nzanza-1 and Cinguvu-1 wells, both located in Block 15/06 some 350 km North-West of Luanda, were drilled in a water depth of 1,400 m and reached a total depth of respectively 3,008 m and 3,023 m in April 2010. Both wells encountered oil pay in sands of Lower Miocene age with good reservoir characteristics. During production tests, Nzanza-1 well produced an 18° API oil at rates above 1,600 barrels per day (b/d). Total, one of the partners in the block, indicates that a potential for future production wells in excess of 5,000 b/d per well, when associated to artificial lift, exists. At the Cinguvu-1 well, the production test, limited by surface facilities, reached a flow of 6,400 b/d of a 23° API oil. Eni (35%) is the operator of the block, and the other partners are Sonangol (20%), Sinopec Corp (15%), Total (15%), Falcon Oil SA (5%), Petrobras (5%) and Statoil (5%).

Source: ENI

Drilled in waters measuring 453 m deep, the Begonia-1 discovery well is located on the northeastern section of Angola's Block 17/06. This was the second discovery on the block; the first was the Gardenia-1 well.  Production tests of the discovery well, Begonia-1, flowed high-quality, 36-degree API oil at a rate of more than 6,000 barrels per day from the Miocene formation. Sonangol is the concessionaire of the block, and Total serves as the operator of Block 17/06 with 30 percent interest. Partners on the block include Sonangol Pesquisa e Producao with 30%, Sonangol Sinopec International Seventeen Limited with 27.5%, ACREP Bloco 17 with 5%, Falcon Oil Holding Angola with 5%, and PARTEX Oil and Gas with the remaining 2.5%.

On the same Block 17/06, the Canna-1 well, drilled in a water depth of 445 m, in the north-eastern area of the deep offshore block 17/06, discovered hydrocarbons in a reservoir of Miocene age and produced more than 5,000 barrels per day of high quality oil (33° API) during a production test.

An exploration well on the Cabaca South East prospect in Block 15/06 was drilled in 2010 and discovered oil in it. The Cabaca South East-1 well, located at a depth of 470 m, at a distance of 100 km from the coast, successfully reached its multi-target objective in the deepest levels of Miocene age, where oil bearing reservoirs, with a total of 450 m of gross thickness, was proven. During production tests, the well flowed high quality 34° API degrees oil at rates of about 7,000 barrels/day. The rates were constrained by the limited capacity of the surface facilities. Eni has a 35% working interest and is the Operator in Block 15/06, while Sonangol E&P is the Concessionaire. The other partners in the JV  are Sonangol Pesquisa e Produção (15%), SSI Fifteen Limited (20%), Total (15%), Falcon Oil Holding Angola SA (5%), Petrobras International Braspetro B.V. (5%) and Statoil Angola Block 15/06 Award AS (5%).

On the same block (15/06), the Mpungi-1 well, 120 km from the Angolan shoreline in 1,050 m of water, was drilled to a total depth of 2,300 m and encountered oil pay in both the Upper and the Middle Miocene sand reservoirs. During the production test of the main pool, the well flowed light oil at rates in excess of 6,000 barrels per day.



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