Ghana Announces Offshore Hydrocarbon Discovery at Nya Gyidie Well
President Mahama has announced an offshore discovery in the Deepwater Cape Three Points area, with further appraisal needed.
Ghana has announced a hydrocarbon discovery at the Nya Gyidie-1X exploration well in the Deepwater Cape Three Points Block, opening a potential new exploration opportunity offshore.
President John Dramani Mahama disclosed the find during the Local Content Conference in Takoradi on November 10. The exploration partners include Planet One Oil & Gas, GOIL Upstream and the Ghana National Petroleum Corporation.
GNPC said the well tested a carbonate reservoir system, adding a geological target for future exploration. The discovery does not itself establish the size of commercially recoverable reserves or a date for production. Further technical evaluation and development decisions would be required.
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