Ghana`s Offshore well shows `high productivity`
Explorer Tullow Oil has said its Hyedua-2 well offshore Ghana flowed at a rate of 16,750 barrels of crude a day, confirming “good reservoir connectivity and very high productivity”.
Tests have indicated “that future production well deliverability will be in excess” of 20,000 barrels of oil a day, the company said in a statement.
The Hyedua-2 appraisal well, which lies in the Deepwater Tano license, was drilled to appraise the Jubilee field, the company said.
Tullow plans to invest about $3.2 billion to develop Jubilee and produce the first oil there in 2010. Tullow is targeting about 4 billion barrels of oil and gas resources in the Gulf of Guinea off Ghana and Ivory Coast.