{"id":762923,"date":"2019-12-11T15:43:27","date_gmt":"2019-12-11T15:43:27","guid":{"rendered":"https:\/\/ghana-mma.com\/2019\/12\/11\/springfield-confirms-1-5-billion-barrels-of-oil-discovery-offshore-ghana\/"},"modified":"2019-12-11T15:43:27","modified_gmt":"2019-12-11T15:43:27","slug":"springfield-confirms-1-5-billion-barrels-of-oil-discovery-offshore-ghana","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/12\/11\/springfield-confirms-1-5-billion-barrels-of-oil-discovery-offshore-ghana\/","title":{"rendered":"Springfield confirms 1.5 billion barrels of oil discovery offshore Ghana"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"697\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2019\/12\/Oil-696x697.jpeg\"   alt=\"\" title=\"Oil\"\/><\/div>\n<p>Springfield  Exploration and Production (SEP) Limited and its Partners, Ghana  National Petroleum Corporation (GNPC) and GNPC EXPLORCO, have officially  announced significant oil discovery in Ghana.<\/p>\n<p>The discovery follows the companies\u2019 maiden Afina-1 well  drilling campaign in the West Cape Three Points (WCTP) Block 2, offshore  Ghana. <\/p>\n<p>Springfield has more than doubled its discovered oil in place volume to 1.5 billion barrels and added 0.7tcf of gas. <\/p>\n<p>In  press statement on Wednesday, Springfield said: \u201cThe current  undiscovered potential of the Block is estimated at over 3 billion  barrels of oil and gas in multiple leads and prospects within various  proven reservoir units.\u201d<\/p>\n<p>\u201cWith<br \/>\n this, Springfield has made history as the first Independent Ghanaian<br \/>\nand African Energy Company to drill in deepwater and find hydrocarbons.\u201d\n <\/p>\n<p>Springfield<br \/>\n is currently the Operator and Majority Interest Holder (84%) of WCTP<br \/>\nBlock 2, with GNPC and its exploration company, EXPLORCO, holding the<br \/>\nremaining interest. <\/p>\n<p>Chief<br \/>\n Executive Officer of Springfield, Kevin Okyere said \u201cThis is great news<br \/>\n for Springfield, Ghana and Africa. We are excited about the discovery<br \/>\nas it ties into our vision of becoming a leading African upstream player<br \/>\n with a global focus. This for us means increased opportunities to<br \/>\nimpact the lives of our people positively with the resources.\u201d<\/p>\n<p>The<br \/>\n Chief Executive of GNPC, Dr. K. K. Sarpong said \u201cAs the national oil<br \/>\ncompany of Ghana, GNPC is proud of this feat, chalked in this<br \/>\nall-Ghanaian partnership. This achievement fits into GNPC\u2019s strategic<br \/>\npillars of: \u2018replacing and growing reserves\u2019 as well as \u2018enhancing<br \/>\nsustainability through local content development\u2026\u2019 This discovery<br \/>\ndemonstrates once again the high prospectivity of Ghana\u2019s sedimentary<br \/>\nbasins and the Ghanaian capacity to deliver, given the opportunity.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Springfield Exploration and Production (SEP) Limited and its Partners, Ghana National Petroleum Corporation (GNPC) and GNPC EXPLORCO, have officially announced significant oil discovery in Ghana. The discovery follows the companies\u2019 maiden Afina-1 well drilling campaign in the West Cape Three Points (WCTP) Block 2, offshore Ghana. Springfield has more than doubled its discovered oil in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":762924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-762923","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Springfield confirms 1.5 billion barrels of oil discovery offshore Ghana - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/12\/11\/springfield-confirms-1-5-billion-barrels-of-oil-discovery-offshore-ghana\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Springfield confirms 1.5 billion barrels of oil discovery offshore Ghana - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Springfield Exploration and Production (SEP) Limited and its Partners, Ghana National Petroleum Corporation (GNPC) and GNPC EXPLORCO, have officially announced significant oil discovery in Ghana. The discovery follows the companies\u2019 maiden Afina-1 well drilling campaign in the West Cape Three Points (WCTP) Block 2, offshore Ghana. 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