Project Profile
Value: Undisclosed
Location: Southeast of Accra, Ghana
Water Depth: Less than 50 metres to greater than 2,500 metres
Start-up Year: -
The Offshore Accra Contract area is located to the southeast of Accra, the capital of the Republic of Ghana, in water depths ranging from less than 50 metres to greater than 2,500 metres.
One of the world’s largest oil discoveries in 2007, Kosmos Energy and Tullow Oil’s 1.2 billion barrel Jubilee is located in the adjacent and analogous basin which also forms part of the West African Transform Margin.
3D seismic was acquired over the deep water section of the block early in 2010. This seismic is presently being processed and vintage seismic reprocessed with a view to maturing a prospect for drilling in 2012.
Operators:
Ophir Energy: Operator with 18.5% interest
Tap Oil: 17.5% interest
Afex International Inc: 27% interest
Azonto Petroleum (Ghana) (57% Azonto Petroleum / 43% Vitol E&P) (Azonto Ghana): 27% interest
Ghana National Petroleum Corporation (GNPC)*: 10% interest
Contractors:
Polarcus: Seismic acquisition program using the Polarcus Naila
*Carried by the other parties in proportion to their Participating Interest. GNPC has the option of increasing its interest in the event of a commercial discovery.