Aker Energy, an offshore oil and gas operator, has announced that it is about to complete a successful drilling operation of the Pecan-4A assessment well offshore Ghana
The company stated in a statement that based on existing subsurface data from seismic, wells drilled and an analysis of the Pecan-4A well result, the existing discoveries are estimated to contain gross contingent resources (2C) of 450–550mn barrels of oil equivalent (mmboe).
Aker Energy estimated that with the next two evaluation wells to be drilled, the total volumes to be included in the Plan of Development (POD) could increase to between 600–1000 mmboe.
Jan Arve Haugan, CEO at Aker Energy, said, “We are will optimise the plan of development for the Pecan field. There is still a lot of work to be done, including to conclude the phasing of the development, the size of first phase and detailing of the concept. Our most important priority going forward is to deliver a robust field development plan to the Ghanaian authorities.”
“Aker Energy sees great potential in this promising area offshore Ghana. We see the foundation for a phased development producing through several production units. Since we became the operator less than a year ago, we have established an open, inclusive and transparent collaboration with Ghanaian authorities. This partnership will enable us to unlock the vast potential in the area to the benefit of both the Ghanaian society and our license partners. We are looking forward to continuing and further strengthening this partnership to develop the Ghanaian oil and gas industries,” concluded Haugan.
Aker Energy is the operator of the DWT/CTP block, with a 50 per cent stake. The partners of Aker Energy are LUKOIL (38 per cent), Ghana National Petroleum Corporation (GNPC of 10 per cent) and Fueltrade (2 per cent).
