25 Jan ENI increases its Ghanaian oil output by 34% to 52,000bpd
Italian major ENI increased the gross output in Ghana’s Sankofa Gye Nyame (SGN) field by 34% in the first half of 2020, relative to the output in the first half of 2019.
The company produced 9,562,821.97 Barrels during the period, representing an increase of 2,408, 486.97 Barrels over H1 2019 production of 7,154,335 Barrels, according to the country’s Public Interest Accountability Committee (PIAC), Ghana’s equivalent of an EITI agency.
As a result, average daily production increased to 52,543BOPD from 39,534BOPD for the same period in 2019, the PIAC reports.
ENI operates the Offshore Cape Three Points (OCTP) acreage, which contains the SGN field, with a 44.44% share. Other partners are Vitol with 35.56% and Ghana National Petroleum Corporation with 20%.
First oil flowed from the acreage in May 2017.
The year-on-year increase “was attributed to stable production operations, resulting from the FPSO John Agyekum Kuffuor’s (JAK) excellent plant uptime of about 99.95%, and the coming on stream of the OP-9 and OP-10 producer wells”, PIAC explains.
Source: Africa Oil & Gas Report