Springfield Exploration and Production Limited (Springfield E&P), a leading Ghanaian-owned oil and gas company, is optimistic about the ongoing $65 million appraisal drilling of the Afina-1x Well.
Springfield has already invested approximately $200 million in the Afina field.
The company’s Chief Executive Officer (CEO), Kevin Okyere, expressed hope for positive results from the appraisal, which is crucial for determining the well’s commercial viability and its potential contribution to Ghana’s oil output.
Appraisal update and progress
Speaking at a media briefing attended by senior officials from Springfield, Northern Ocean Limited, Halliburton, and the Ghana National Petroleum Corporation (GNPC), Mr. Okyere provided updates on the project.
The Deepsea Bollsta Rig, operated by Northern Ocean Limited, commenced work on October 20, 2024.
The appraisal follows a recent ruling by an international arbitration court that directed Springfield to assess the Afina Discovery and its potential integration with the Sankofa Field, operated by Italy’s Eni.
Mr. Okyere mentioned that a mini downhole sampling device (MDT) test had been conducted, and oil flowed successfully.
He expressed frustration over delays in utilizing the Afina and Sankofa fields, emphasizing that earlier actions could have boosted Ghana’s oil production.
GNPC’s excitement and future decisions
Jerry Greenfield, a representative of GNPC, shared Springfield’s enthusiasm regarding the Afina Discovery, noting that it indicated more oil reserves in the basin.
He highlighted the importance of the appraisal in reducing uncertainties surrounding the discovery.
He further explained that the results would inform crucial commercial and production decisions that could significantly impact Ghana’s oil industry.
The successful completion of the appraisal could position Springfield to make significant contributions to the country’s energy sector and oil output.
