Italy's Eni has made a "potentially commercial" gas and condensate discovery in CTP-Block 4, lying close existing infrastructure offshore Ghana - a key country for the energy major's growth - it said in a statement on Thursday.
The well, drilled on the Akoma exploration prospect, proved an estimated volume between 550 and 650 billion cubic feet of gas and 18-20 million barrels of condensate, the Eni statement said.
"Akoma - 1X is the first well drilled in CTP-Block 4 and represents a discovery of a potentially commercial nature, due to its close distance to the existing infrastructures," said the statement.
“The discovery has further additional upside for gas and oil that will require further drilling to be confirmed,” the release added.
The Akoma - 1X exploration well is located some 50 kilometres off the Angolan coast and about 12 km north-west from Sankofa hub, where the John Agyekum Kufuor FPSO is located. The well was drilled by the Maersk Voyager drilling ship in a water depth of 350 meters and reached a total depth of 3,790 meters, the statement said.
The CTP-Block 4 joint-venture comprises Eni Ghana (operator, 42%), Vitol Upstream Tano (34%), Ghana National Petroleum Company (10%), Woodfields Upstream (9.6%), and Explorco (4%), the statement added.
Eni has operated in Ghana since 2009 and its gross production is currently about 60,000 barrels of oil equivalent per day.