Ghana reports first hydrocarbon find in a carbonate formation
The offshore discovery’s resource type and size remain unknown, with further analysis underway.
Ghana has announced that an exploration well off its coast has found hydrocarbons in a carbonate formation, the first such discovery reported in the country. The find is in the Deepwater Cape Three Points offshore block.
The Nya Gyidie-1X well lies approximately 148 kilometers from Ghana’s coast, in water deeper than 2,200 metres. Analysis is continuing to assess the resource’s potential, and neither its type nor its size has yet been established.
President John Dramani Mahama said the discovery created new possibilities for Ghana’s oil and gas exploration. Sandstone reservoirs had previously accounted for most of the country’s commercial discoveries.
Ghanaian authorities hope the find will draw investment and support increased national energy production. The government is seeking to revive exploration offshore and replenish the country’s hydrocarbon reserves, although the extent of the new discovery remains under assessment.
