Project Profile
Location: Cape coast, 12km offshore Saltpond Town, Ghana
Area: 5 sq. metres
Water depth: 26m
Peak production: 4,800 bopd
Discovery year: 1970
Start-up year: October 1978
Saltpond Oil Field is an oil field off the coast of Ghana. The field was discovered in 1970 by Signal-Amoco Consortium. The field is currently managed by the Saltpond Offshore Producing Company (SOPCL), Ghana\'s oldest producer of crude oil. The Ghana National Petroleum Company (GNPC) began production of oil and gas in the Saltpond oil field in the Mfantseman District of the Central Region.
The discovery well tested light oil (API 37°) from Upper Devonian Takoradi Sandstones. Gross hydrocarbon column is 162 ft (50m), found in the 10-A4 well. In 1977/78 Agri-Petco drilled 6 appraisal and development wells from a centrally located jack-up rig. Five of the appraisal wells were deviated from APG 10-1A. The jack-up was converted into a production unit. The field was shut-in in 1985 when production had declined to 580 bpd.
Production from Saltpond in 2015
41,113 barrels of crude oil was produced from the Saltpond Field in 2015, compared to the 2014 production of 79,602 barrels of oil, representing a 48.4% year-on-year decline in production. There was no production in the third quarter of 2015.
Operators:
Ghana National Petroleum Company (GNPC): Operator with 100% interest