Tullow cheers Ghana find

TULLOW OIL HAS hit hydrocarbon bearing reservoirs in the Teak-2 well in the West Cape Three Points licence, offshore Ghana.

 

The well was drilled to a total depth of 3409 m, targeting an undrilled fault block between the Jubilee field and the Teak-1 discovery.

 

Tullow said wireline logs and fluid samples confirmed the well had intersected 27 m of net pay across five intervals containing high quality oil, gas and condensate.

 

Six metres of net oil and gas pay was intersected at the top of the Campanian reservoirs, while 21m of net hydrocarbon pay, 16m of which was gas rich, was discovered in the Turonian reservoirs.

 

Tullow exploration director Angus McCoss said the discovery provided important data for the future development of the Jubilee field.

 

“The well demonstrated that the Teak-2 discovery is not part of the Teak-1 discovery but is potentially a Jubilee field gas cap,” he said.

 

“The Campanian reservoirs at Teak-2 confirm significant up-dip potential in the greater Teak area.”

 

Teak-2 is located 1.8 km south-west of the Teak-1 well and 3.5 km north-east of the Mahogany-2 well.

 

Tullow said the well would now be suspended for future use and the semi-submersible Atwood Hunter would be moved to spud the Banda-1 well, targeting Campanian and Cenomanian reservoirs in the east of the licence.

Tullow has a 22.896 per cent interest in the West Cape Three Points licence along with its partners Kosmos Energy (30.875 per cent), Anadarko Petroleum (30.875 per cent), EO Group (3.5 per cent), Sabre Oil & Gas (1.854 per cent) and the Ghana National Petroleum Corporation (10 per cent carried interest).

 

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
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