Tullow discovers oil offshore Ghana

28th Mar 2011 07:04

Tullow Oil has found oil at the Teak-2 exploration well in the West Cape Three Points licence offshore Ghana.The Irish oil company, which has a 23% stake in the licence, discovered 27 metres of net hydrocarbon bearing Campanian and Turonian reservoirs at the well, drilled between the Jubilee field and Teak-1 discovery."Results of drilling, wireline logs and samples of reservoir fluids confirm that the well has intersected five intervals containing high quality oil, gas and gas-condensate," Tullow said. Six metres of net oil and gas pay were encountered at the top of good quality Campanian reservoirs, while "Jubilee equivalent" Turonian reservoirs contain 21 metres, 16 metres of which is rich gas."The well demonstrated that the Teak-2 discovery is not part of the Teak-1 discovery but is potentially a Jubilee field gas cap," Tullow exploration director Angus McCoss said."The Campanian reservoirs at Teak-2 confirm significant up-dip potential in the greater Teak area."LW