Vitol announces discovery of additional block offshore Ghana

Vitol today announces a gas and condensate discovery in CTP-Block 4 offshore Ghana by a consortium comprising Vitol (33.975%), Eni (operator – 42.469%), GNPC (10%), Woodfields Upstream (9.556%), Explorco (4%). At present, gross discovered volume ranges are under review but could be in excess of 550BCF gas and 18mmbbl of condensate.

The well was drilled 50km offshore Ghana and 12 km north west of the production vessel for the existing Sankofa and Gye Nyame offshore development (OCTP). It was drilled in a water depth of 350m and reached a total depth of 3,790m. It proved a single gas and condensate column in a 20m thick sandstone interval of Cenomanian age. Further drilling is required to confirm any potential upside.

Russell Hardy, Group CEO, Vitol said; “Vitol is proud to have been a part of Ghana’s energy sector for almost 30 years. We are committed to continuing to invest in Ghana’s energy infrastructure and are pleased with this latest development.”

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