Eni proves oil in deepwater offshore Ghana block

Sept. 20, 2012
Eni (MI:ENI) has discovered potentially commercial oil in the Tano basin, 50 km (31 mi) offshore Ghana.

Offshore staff

SAN DONATO MILANESE, Italy – Eni (MI:ENI) has discovered potentially commercial oil in the Tano basin, 50 km (31 mi) offshore Ghana.

The Sankofa East-1X well was drilled in 825 m (2,706 ft) of water in the Offshore Cape Three Points (OCTP) block.

It encountered 28 m (92 ft) of gas and condensate and 76 m (249 ft) of gross oil pay in Cretaceous sandstones. During a production test in the oil level, the well flowed at a facilities-constrained rate of 5,000 b/d of (30° API) oil.

According to partner Vitol, the oil is not connected to the gas and condensate discovered in either theSankofa or Gye Nyame structures.

Eni and partners Vitol and GNPC plan to drill more wells to delineate the size of the discovery and assess its commercial viability.

Engineering studies continue for the block’s gas reserves in accordance with a recently signedmemorandum of understanding.

9/20/2012