Pecan is a conventional oil development located in ultra-deepwater in Ghana and is operated by Pecan Energies. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Pecan was discovered in 2012, lies in block Deepwater Tano/Cape Three Points, with water depth of around 8,748 feet. Buy the profile here.
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The project is currently in approval stage and is expected to start commercial production in 2026. Final investment decision (FID) of the project will be approved in 2024. The development cost is expected to be $1,500 m. The Pecan conventional oil development will involve the drilling of approximately five wells and includes FPSO, subsea manifold, and subsea trees.
Field participation details
The field is owned by Bulk Ship & Trade, Ghana National Petroleum, Lukoil Oil and Pecan Energies.
Production from Pecan
Production from the Pecan conventional oil development project is expected to begin in 2026 and is forecast to peak in 2030, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2055.
Contractors involved in the Pecan conventional oil field
Some of the key contractors involved in the Pecan project as follows.
Design/FEED Engineering: Subsea 7
Other Contractors: Halliburton, Aker, Africa Finance, Lima Oil Services and Exceed Well Management Ghana
About Pecan Energies
Pecan Energies AS specifically focusing on upstream activities. It specializes in extracting and processing oil and gas reserves to generate energy resources. The company is headquartered in Lysaker, Norway.
For more details on the Pecan Conventional Oil Field, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
