5. Offshore South-West Tano Block
GOSCO (Operator), Heritage E&P, Blue Star E&P, GNPC EXPLORCO.
Effective Date/Initial Exploration Period
Effective Date: February 5, 2015
Initial Exploration Period (2.5 years+2 years extension): February 5, 2015 – August 4, 2019
Minimum Exploration Program (Initial Phase)
Reprocess up to 175sqkm of 3D data
Drill one (1) Exploration Well
Observations as of 2017
The initial Exploration phase has been extended by 2 years due to ITLOS. Geophysical and Geological (G&G) studies are ongoing for prospect evaluation.
The Contractor has informed the PC of its plan to drill its first exploration well, Asanfena-1X in Q3 2020. Contractor began the process of procuring goods and services for the well.
Drilling of well may be deferred to 2021 due to the CODVID-19 pandemic.
In 2020, the contractors submitted to the Petroleum Commission, plans for exploration drilling preparatory activities including contracting of key services, and plans to secure a rig. These plans were however suspended on account of Covid.
The Minister for Energy granted GOSCO a restitution time of nine (9) months to compensate for the time lost due to the pandemic.
The contractors plan to drill their obligatory exploration well, Mansonia1X in Q2 2022.