(WO) – Planet One Oil and Gas has made a hydrocarbon discovery at the Nya Gyidie-1X exploration well in the Deepwater Cape Three Points contract area offshore Ghana, President John Dramani Mahama announced at the 2026 Local Content Conference in Takoradi. The well is Ghana’s first successful test of a Cenomanian-Turonian carbonate play, opening a new target for exploration in a country whose previous commercial discoveries have been in sandstone reservoirs.
The well was drilled about 148 km (92 mi) offshore in about 2,289 m (7,510 ft) of water and encountered hydrocarbons between 3,364 m and 3,499 m (11,040 ft and 11,480 ft) measured depth, according to Planet One. Planet One operates the block with partners GOIL Upstream and the Ghana National Petroleum Corp. (GNPC). Technical evaluation is underway to determine the size and commercial potential of the discovery.
“By drilling this well, Planet One and its partners not only fulfilled an exploration commitment but also demonstrated unwavering confidence in Ghana,” Mahama said.
Mahama said the discovery reflects growing investor confidence after recent reforms in Ghana’s petroleum sector. “Our priority now is to accelerate responsible exploration and to swiftly put in place the crucial infrastructure Ghana needs to develop its petroleum resources sustainably,” he said.
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