Audio By Carbonatix
An appraisal well on the Shallow Water Tano block has been abandoned by Tullow Oil, after failing to find commercial quantities of oil.
The hole, known as 1N-3X, has been drilled to a total depth of 3,075 metres.
"Hydrocarbon bearing sandstones were encountered in this well but logging results indicated that the sandstones would not flow at commercial rates. The well has therefore been plugged and abandoned," Tullow said in a statement.
Last month, Tullow Oil said its recent Ghana discovery may contain recoverable reserves in excess of 1.3 billion barrels. It is not clear if this abandoned well is one of the wells previously announced as containing oil.
Tullow (31.5%) operate Shallow Water Tano on behalf of partners Interoil (31.5%), Al Thani (22.5%), Sabre Oil and Gas (4.5% carried) and GNPC (10% carried).
Tullow is also the operator of the Deepwater Tano licence (49.95%) and a partner in the West Cape Three Points licence (22.9%).
Source: GHP
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Bryan Acheampong accuses NDC government of neglecting cocoa farmers
2 minutes -
Circle fire prompts planned decongestion as Ayawaso East Assembly moves to redevelop enclave
4 minutes -
EXIM Bank boosts financial base with GH¢107m recovery – Trade Minister
6 minutes -
Shock and confusion as Spain struggles for answers after deadly train crash
10 minutes -
Good Samaritan taxi driver struggles for survival after damaging vehicle to apprehend criminals
11 minutes -
The Indian couple who won a $200,000 settlement over ‘food racism’ at US university
12 minutes -
Accra Mayor rallies Police, other security agencies ahead of February 1 decongestion exercise
24 minutes -
Former MASLOC CEO faces U.S. judge today in Las Vegas as Ghana seeks extradition
30 minutes -
Ato Forson, Chief Justice meet over plans to improve judicial operations
31 minutes -
Bawumia’s job creation record lays strong foundation for 2028 vision – Farouk Aliu Mahama
55 minutes -
Police arrest third suspect in alleged assault of 12-year-old girl at La
57 minutes -
Bullets will not break us – Lands Ministry vows relentless war on galamsey after NAIMOS officer shot
1 hour -
Detained veteran Ugandan opposition figure critically ill in hospital, his party says
1 hour -
GNFS conducts market inspection and fire safety education at Konongo
1 hour -
Bawumia is the most marketed candidate after Mahama – Farouk Aliu Mahama
2 hours
