Ghana Discovers Hydrocarbons In New Type Of Offshore Reservoir

Ghana has made its first hydrocarbon discovery in a carbonate reservoir system. The find opens new possibilities for future exploration. The report was published on Tuesday, November 10, 2026 at 07:26pm GMT. The news has sparked huge excitement across Ghana. Many Ghanaians say oil and gas can create jobs and revenue.

According to a report by Reuters, President John Dramani Mahama announced the discovery on Tuesday. The report was published on Tuesday, November 10, 2026. The report said the find is in the Deepwater Cape Three Points block. The report said the block is located around 148 kilometres offshore Ghana. The report said the find proved a new type of geological target.

The discovery was made at the Nya Gyidie-1X exploration well. According to a report by Reuters, Nya Gyidie means have faith in Twi. The report said the well tested a Cenomanian-Turonian carbonate play. The report said it is the first successful test of that play as a primary target. The report said Ghana previously found oil and gas mainly in sandstone reservoirs.

Planet One Oil and Gas operates the block. According to a report by Reuters, the block covers about 1,454 square kilometres. The report said GOIL Upstream Limited is a partner. The report said the Ghana National Petroleum Corporation is also a partner. The report said hydrocarbons were found at the exploration well.

It was not immediately clear whether the discovery was oil or gas. According to a report by Reuters, no volume estimates were given. The report said further evaluation is under way. The report said the evaluation will determine the scale of the discovery. The report said the evaluation will determine the development approach.

Speaking at a conference in the Western Region, President Mahama said the find is a milestone. According to a report by Reuters, the President spoke at the 2026 Local Content Conference in Takoradi. The report said the President said the find opens a new frontier. The report said the President said Ghana must replace reserves. The report said the President said Ghana must boost output.

In an interview with Ghana News Agency, an official of the Ministry of Energy said the find will attract investment. The official said Energy Minister John Jinapor called the find significant. He said the find will help revitalise the upstream sector. He said the Ghana News Agency report shows that government wants more exploration.

Speaking to Joy News, President Mahama said crude oil production has risen above 120,000 barrels per day. He said production recovered from about 88,000 barrels per day. He said existing operators are committing capital to new projects. He said the Joy News interview shows that confidence is returning.

Madam Efua Mensah at Accra said she sells food at Accra Central Market every day. She said she hopes oil money will help traders. She said she wants better roads and schools. She said she hopes the discovery will bring jobs.

Mr. Kwame Boateng at Kumasi said he is a driver in Kumasi. He said drivers in Kumasi want stable fuel prices. He said new oil finds could help the economy. He said he hopes the government will use revenue well.

Mr. Ibrahim Musa at Tamale said he is a teacher in Tamale in the Northern Region. He said teachers in Tamale teach students about natural resources. He said students must learn to manage resources wisely. He said he hopes the discovery will benefit all regions.

According to a report by Reuters, in June Mahama announced 3.5 billion dollars in new upstream investment commitments. The report said the commitments aim to replace reserves and boost output. The report said government is engaging companies including ENI, Vitol, Shell, Chevron and Petrobras. The report said government signed three memoranda for three blocks. The report said discussions on other areas are continuing.

In an interview with Ghana News Agency, an official of the Ghana National Petroleum Corporation said evaluation will continue. He said the partners will assess the size of the find. He said the partners will assess the best development plan. He said the Ghana News Agency report shows that the work is still early.

The Ministry of Energy called on all Ghanaians to support responsible exploration. The Ministry said the find must benefit Ghana. The Ministry said local content must be protected. The government asked all Ghanaians to support efforts to develop the petroleum sector.

Newzhit feedback-opera-news-app@opera.com