The well, drilled on the Akoma exploration prospect, proved an estimated volume between 550 and 650 bcf of gas and 18-20 mm bbl of condensate.

The discovery has additional upside for gas and oil that would require further drilling to be confirmed.

 A statement from the External Communication Department of Sub Saharan Africa and copied to the GNA said the exploration of the well,  Akoma well- 1X, was located approximately 50 kilometers off the coast and about 12 km north-west from Sankofa hub, where the John Agyekum Kufuor FPSO was located.

The well was drilled by the Maersk Voyager drilling ship in a water depth of 350 meters and reached a total depth of 3790 meters.

The Akoma - 1X proved a single gas and condensate column in a 20 m thick sandstone reservoir interval of cenomanian age with good petrol physical properties and hydrocarbons.

"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 infrastructure. The discovery can be put in production with a subsea tie to the FPSO with the aim to extend its production plateau."

The Joint Venture of CTP-Block 4 is formed by Eni Ghana (operator, 42.469%), Vitol Upstream Tano (33.975%), GNPC (10%), Woodfields Upstream (9,556%), Explorco (4,00%).

It said Ghana, was among the key Countries for Eni's organic growth and has been operational in the Country since 2009 and accounts for a gross production of about 60,000 barrels of oil equivalent per day.