On yer bike! Free public transport for kids idea derailed by cycling advocates :: Free rail passenger services for Takoradi, Tarkwa commuters :: Thrills @ Amakye Dede @ 45 Concert :: UTV Hosts Celebrities On New Year’s Day :: 2 past BoG Governors responsible for ‘rotten’ banking system – Joe Jackson :: Togolese Soldiers Intrusion Reported To Interpol :: GES announces reopening dates for Senior High Schools :: Socialists again call for action to ‘stop expats displacing Amsterdammers’ :: Kofi Annan''s Death; Ghana Flags To Fly At Half-Mast For One Week :: Let’s spend on the living not the dead – Palmer-Buckle to Ghanaians ::


General News
Yet Another ‘Significant’ Oil, Gas Discovery 2/27/2010

AO Lukoil , Russia’s second-biggest oil producer, and closely held Vanco Energy Co. made “a significant” oil and gas discovery off Ghana.

The partners together with Ghana National Petroleum Corp. drilled a well at the Dzata field of the Cape Three Points deep- water block in the Gulf of Guinea, Moscow-based Lukoil said today in a statement. The Dzata-1 well, drilled to a depth of about 4,500 meters (14,500 feet) tapped a 94-meter-thick hydrocarbon column.

“The primary reservoir sandstone contains gas and light oil,” Lukoil said. “The newly discovered hydrocarbon reserves are assumed to be quite significant.” Ghana is set to become one of Africa’s newest oil exporters in late 2010 when production begins at the Jubilee field, which has potential resources of as many as 1.8 billion barrels, according to Tullow Oil Plc, its operator. Jubilee is located about 70 miles from Lukoil and Vanco’s prospect.

Lukoil plans to drill three exploration wells offshore Ghana and neighboring Ivory Coast, Chief Executive Officer Vagit Alekperov said in April.

 
Copyright© Radio Recogin 2024 Designed by [ModernGhana.com