Results of drilling, wireline logs and samples of reservoir fluids confirm that Owo is a major new oil field.
The Owo-1 well encountered 53m of net oil pay and the sidetrack, drilled 0.6km east of the Owo discovery well, encountered an additional 16m of net oil pay in the lower part of the same channel system.
Pressure data indicates that this oil pay is in communication with the reservoirs penetrated in the Owo-1 well and confirms at least 69m of total net oil pay in a substantial gross oil column of 200m.
Beneath the Owo oil field, 13m of net condensate pay was also discovered, with an additional 6m of net gas pay logged in the deepest sand encountered, and no water was encountered in any of the hydrocarbon bearing reservoirs in either well.
Following completion of logging operations, the well will be suspended for future use in appraisal and development.
Tullow (49.95%) operates the Deepwater Tano license and is partnered by Kosmos Energy Ghana (18%), Anadarko Petroleum (18%), Sabre Oil & Gas (4.05%) and the Ghana National Petroleum Corporation (10% carried interest).
