Out of the seven (7) discoveries made in Ghana it is the Saltpond field that has undergone production between 1978 and 1985. A total of about 3.47 MMbo was produced and 14 Bcf of gas was flared during the period. A Production Platform “Mr. Louie” which was used for the production is still in place.
In an effort to revive the field, the Ghana National Petroleum Corporation GNPC entered into an agreement with Lushann Eternit in the year 2000. This agreement resulted in the formation of a joint venture company – Saltpond Offshore Producing Company Ltd (SOPCL) – which is currently operating the field.
In the North and the South Tano fields, a number of appraisal wells have been drilled and GNPC has carried out an extended production test in the South Tano field, before the discovery of the large Jubilee field in the deepwater Tano Bain. GNPC is talking to a number of oil companies to utilize the gas from these fields for power generation. A 125MW power barge is already available in Ghana for such a venture.
The 3-AX block is envisaged to be an additional source of gas for the Tano power generation project.
