Planet One Energy, operator of the Deepwater Cape Three Points (DWCTP) block offshore Ghana, plans to begin drilling the Nyanyanu-1X exploration well in October 2026, a company official said.
The London-based company is targeting October for the spudding of the well, which it described as an important milestone in its efforts to explore and develop Ghana’s petroleum resources.
“Planet One has done the work. We’ve matured the opportunity, we’ve secured the rig. Now we are ready to drill,” Doreen Addotei, a geologist at Planet One, said at the Africa Oil Week 2026 conference in Accra.
Planet One was selected in 2023 by GOIl Upstream Ltd. to operate the DWCTP block after U.S. oil major ExxonMobil relinquished its interest in the block in May 2021.
Planet One operates the block in partnership with Ghana National Petroleum Corporation (GNPC) and GOIL Upstream Petroleum.
Planet One holds a 75% participating interest in the block, while GNPC holds 15% and GOIL Upstream Petroleum holds the remaining 10%.
Discover more from Energy News Africa
Subscribe to get the latest posts sent to your email.