Hess finds oil with deepwater Pecan well offshore Ghana

Hess Corp. reported the Pecan-1 exploratory well offshore Ghana found an estimated 245 net ft of oil pay in two separate Turonian intervals.

The company filed a notice of discovery with the minister of energy for the well, which went to total depth of 15,420 ft in 8,245 ft of water on the Deepwater Tano-Cape Three Points license. Hess said an extensive data acquisition program was undertaken and the well was sidetracked to obtain bypass cores. The well is now being suspended.

Hess is license operator with 90% interest, and Ghana National Petroleum Corp. has 10%.

Pecan-1 is the company’s fifth discovery on the license and follows the previously reported discoveries at Almond (53 net ft oil pay), Beech (146 net ft oil pay), Hickory North (98 net ft gas-condensate pay), and Paradise (120 net ft oil pay and 295 net ft gas-condensate pay), the company said.

Hess said it will next drill the Cob prospect, about 15 miles northeast of Pecan-1. Predevelopment and further exploration activities are planned in 2013.

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