Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
November 22, 2021

Pecan Conventional Oil Field, Ghana

By Carmen

Pecan is a conventional oil development located in ultra-deepwater in Ghana and is operated by Aker Energy Ghana. Discovered in 2012, Pecan lies in block Deepwater Tano/Cape Three Points, with water depth of around 8,748 feet.

The project is currently in approval stage and is expected to start commercial production in 2025. The development cost is expected to be $2,200 m. The Pecan conventional oil development will involve the drilling of approximately 26 wells and includes FPSO, subsea manifold, and subsea trees.

Field participation details

The field is owned by Ghana National Petroleum, Bulk Ship & Trade, Aker, TRG 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, to approximately 82,409 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2050.


Remaining recoverable reserves

The field is expected to recover 285.88 Mmboe, comprised of 285.88 Mmbbl of crude oil & condensate.


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: A.P. Moller – Maersk, Aker, Exceed Well Management Ghana, Halliburton and Lima Oil Services

Content from our partners
How the North of Tyne region is leveraging its legacy to define its future
Q&A with Chevron Lubricants’ Paul Sly, global industrial OEM specialist, and Nathan Knotts, global brand technical manager
The important role of antifoam agents in oil-gas separation and amine treating

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.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU