Tullow Oil abandons Ghanian well

Oil giant Tullow has revealed disappointing results from the Teak-4A appraisal well in the West Cape Three Points Block, offshore Ghana.

In a short statement, the group said that Teak-4A, in which it is a 26.396% parter, was drilled by operator Kosmos Energy and was drilled to a total depth of 2,850m to target the stratigraphic extension of the Teak discovery area.

The well was said to have encountered "thin, non-commercial reservoirs" and is, in turn, being plugged and abandoned.

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"Kosmos and partners have begun integrating well results into the Teak field model to determine forward appraisal and development plans."

Kosmos and Anadarko Petroleum Corp both own a 30.875% interest each in the West Cape Three Points Block, while Tullow, Sabre Oil & Gas and Ghana National Petroleum Corp own the rest.

BC