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Pecan is a conventional oil development located in ultra-deepwater in Ghana and is operated by Aker Energy Ghana. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Pecan was discovered in 2012, lies in block Deepwater Tano/Cape Three Points, with water depth of around 8,748 feet. Buy the profile here.

The project is currently in approval stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2024. The development cost is expected to be $1,450 m. The Pecan conventional oil development will involve the drilling of approximately five wells and includes FPSO, subsea manifold, and subsea trees.

Field participation details

The field is owned by Aker, Bulk Ship & Trade, Ghana National Petroleum and Lukoil Oil.

Production from Pecan

Production from the Pecan conventional oil development project is expected to begin in 2025 and is forecast to peak in 2027, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2050.

Contractors involved in the Pecan conventional oil field

Some of the key contractors involved in the Pecan project as follows.

Design/FEED Engineering: Subsea 7

Other Contractors: Halliburton, Noble, Aker, Lima Oil Services and Exceed Well Management Ghana

About Aker Energy Ghana

Aker Energy Ghana Ltd (Aker Energy Ghana) is involved in offshore oil and gas production. It is headquartered in Accra, Ghana.

For more details on the Pecan Conventional Oil Field, buy the profile here.

This content was updated on 9 November 2023

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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.