Tano program pending government approval

Offshore staff

DUBLIN, Ireland – Partners in the offshore Tano 2A concession still await ratification from Ghana’s parliament.

Pan Andean Resources signed an agreement last year for the 1,532-sq km (591-sq mi) Tano 2A block, close to Tullow/Kosmos’ deepwater discoveries, with Ghana National Petroleum Co.

According to Petrel Resources – one of four companies with an ownership interest in Pan Andean – the target is to achieve a multibillion barrel discovery in the prolific Cretaceous geological structure.

While awaiting ratification, the partners have acquired, processed and analyzed 769 km (478 mi) of seismic, and studied five horizons at different depths, identifying numerous prospective areas.

Petrel has also applied for blocks in the offshore Porcupine basin under the current Irish offshore licensing round.

06/28/2011



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...