Why must GNPC explore the Voltaian basin?

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Ataa Akwei 9 years ago

Good, logical analysis but will anyone at GNPC listen, take a step back and do the right thing? Or will they try and be ambitious and try and go for the jugular and most likely cock-up

Good, logical analysis but will anyone at GNPC listen, take a step back and do the right thing? Or will they try and be ambitious and try and go for the jugular and most likely cock-up
SARPONG 9 years ago

Thank you Sir for educating us about such a technical subject made easier.

Thank you Sir for educating us about such a technical subject made easier.
Tutugyagu 9 years ago

Good article. Should the heading be "Why GNPC must NOT explore the Voltarian Basin"?

Good article. Should the heading be "Why GNPC must NOT explore the Voltarian Basin"?
YTy 9 years ago

This piece was excellent. It educated me and confirmed my uneducated position: exploration of the Volta Basin is just an opportunity to loot Ghana once more.

This piece was excellent. It educated me and confirmed my uneducated position: exploration of the Volta Basin is just an opportunity to loot Ghana once more.
DZOKOTOKU DZOKPANYA 9 years ago

THESE ARE THE PEOPLE WE NEED TO LISTEN TO. GHANA HAS SUCH PEOPLE AND YET WE GET PEOPLE TO MAKE DECISIONS IN AREAS THEY ARE COMPLETE ILLITERATE IN. GHANA IS DOOMED

THESE ARE THE PEOPLE WE NEED TO LISTEN TO. GHANA HAS SUCH PEOPLE AND YET WE GET PEOPLE TO MAKE DECISIONS IN AREAS THEY ARE COMPLETE ILLITERATE IN. GHANA IS DOOMED
KEKEY, BOSTON, USA. 9 years ago

This is not TRUE. It is just because the exploration will cover the Greater part of Volta Region this the enemies including the writer of the above do not want to hear or see.

This is not TRUE. It is just because the exploration will cover the Greater part of Volta Region this the enemies including the writer of the above do not want to hear or see.
ADDO,KUMASI 9 years ago

LEAVE US ALONE.WE HAVE OUR VERY OWN PEOPLE WHO WILL SOON BRING IN INVESTORS FOR THIS PROJECT.YES VERY SOON THE LAST SHALL BE FIRST.WE ARE ON TRACK

LEAVE US ALONE.WE HAVE OUR VERY OWN PEOPLE WHO WILL SOON BRING IN INVESTORS FOR THIS PROJECT.YES VERY SOON THE LAST SHALL BE FIRST.WE ARE ON TRACK
AOQ 9 years ago

Do you really live in America? Wow!

Do you really live in America? Wow!
Apex 9 years ago

You are a fool to be thinking this way. The meer mention of Volta should not make people think that it is all for the people of Volta Region. This Voltain Basin the writer is referring to encompasses a large junk of Ashanti R ...
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You are a fool to be thinking this way. The meer mention of Volta should not make people think that it is all for the people of Volta Region. This Voltain Basin the writer is referring to encompasses a large junk of Ashanti Region, Eastern Region, Northern Region, part of Greater Accra Region and off course the Volta Region. Most people in Volta Region has the impression that the oil once discovered with be theirs. Such people must disabuse their minds in thinking this way. The oil will be for all Ghanaians. Also there is this errorneous impression being created in the minds of peopele about the so-called Keta Basin. It is a terminology that people and media men should desist from using. Keta is such a small parcel of land to be associated with an entire off-shore VOLTAIN BASIN. Why do we have TANO BASIN but when it comes to the Eastern sector of Ghana we are suddenly talking about Keta basin as if Keta is a River. I will rather advocate for Volta Estuary Basin (just like the Niger Delta) rather than Keta Basin to refer to the off-shore Voltain Basin and refer to the on-shore block as Voltain Basin proper which to me makes a lot of sense. Rivers have basins and watersheds and not land masses.
Kekey. Boston 9 years ago

I said GREATER PART of Volta Region. Read it again

I said GREATER PART of Volta Region. Read it again

Pelicles 9 years ago

What is there in the Volta basin other than "Keta school boys"? Any attempt to explore the volta basin is nothing more than an act of siphoning money from the treasury and putting it in the pockets of those who will lead such ...
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What is there in the Volta basin other than "Keta school boys"? Any attempt to explore the volta basin is nothing more than an act of siphoning money from the treasury and putting it in the pockets of those who will lead such exploration.

The Volta basin is dead, barren and desolate. Ghana should not waste her scanty resources for nothing. Look, if we have people with the brains to embark on any exploration, it should be that of other source of energy. The price of oil will never rise up to its past levels even if productions are cut.
AOQ 9 years ago

Pericles,
There is a vast difference between the VOLTAIAN and VOLTA basins. The Voltaian basin stretches from the Kwahu Mountains northward all the way to the Northern Region of Ghana, around Daboya.

For those who think t ...
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Pericles,
There is a vast difference between the VOLTAIAN and VOLTA basins. The Voltaian basin stretches from the Kwahu Mountains northward all the way to the Northern Region of Ghana, around Daboya.

For those who think this piece is about the Volta Region, it is not because only a small part of the basin (around the Akan area) actually falls within the Volta Region.

The Voltaian basin is not barren, as you seem to believe. There are geological reasons for exploring it, but the complexity and the potential costs involved demands that we do not use scarce state resources to do it.
Okonko Palm 9 years ago

It seems to me that this writer is up to something.What does he mean by leaving the project to the big pockets,does that mean bringing in the EOs for their 30% just for introducing the big pockets.

This is a national exerc ...
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It seems to me that this writer is up to something.What does he mean by leaving the project to the big pockets,does that mean bringing in the EOs for their 30% just for introducing the big pockets.

This is a national exercise and we must all be objective in our analysis.
AOQ 9 years ago

Okonkwo Palm,
You did not seem to understand the piece. By "Big Boys" I meant the big exploration companies that have the capacity to sink !400m in a dry well and still walk away unscathed. A national oil company cannot affo ...
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Okonkwo Palm,
You did not seem to understand the piece. By "Big Boys" I meant the big exploration companies that have the capacity to sink !400m in a dry well and still walk away unscathed. A national oil company cannot afford that.

That is why Obasanjo rightly stopped the mighty NNPCC from doing. exploration in Nigeria.

Sinking that kind of money with the possibility of little or no return is not smart economics.
Haile Selaise Mengistus III 9 years ago

This article is nothing but an opinion and the figures are not real but mere assumptions aimed by the writer to make his case.
Let's do a diligent perspective analysis by taking the responsibility to make public the GNPC's c ...
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This article is nothing but an opinion and the figures are not real but mere assumptions aimed by the writer to make his case.
Let's do a diligent perspective analysis by taking the responsibility to make public the GNPC's case for the exploration.
We will end up better informed than the one sided judgement based upon this article.
C.Y. ANDY-K 9 years ago

It is clear the writer is a technical expert in the field of oil and gas. But, he's no expert at all in the field of political economy in the devt of the oil sector, and for that matter, how the developed nations and the emer ...
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It is clear the writer is a technical expert in the field of oil and gas. But, he's no expert at all in the field of political economy in the devt of the oil sector, and for that matter, how the developed nations and the emergent developed nations in the Far East have reached their level of national devt. Even in the old so-called capitalist countries of the West, the central role of their states was pivotal. As put by K. Marx, the state was simply a committee for managing the whole affairs of the emergent bourgeoisie; and that is not only to create the much vaunted enabling climate for private capital to exploit. Of course, that enabling climate included waging wars on foreign lands to conquer, plunder and colonise them! 20 million Africans died under King Leopoldd's genocidal grips on the Congo alone.

The central roles of the state from Japan to the Asian Tigers, etc., in the Far East have been well documented. It appears only educated Africans are unaware of those literature.

Even capitalist US is in debt to Communist China. Does anyone really believe that it was all private capitalist that led to the re-emergence of China as an economic power house?

Now, to say that an investment of the meagre sum he mentioned, compared to the bonanza, should deter the govt from allowing GNPC to invest in the oil exploration is very pathetic. The maddening handing over of the Jubilee Fields to Kosmos and Tullow, for simply interpreting seisimic data handed over them correctly, and drilling at the place where the oil deposit was (recollect the gas on top has already been discovered closer to the shore), is one of the most most economically suicidal things done since our independence. Now, the FOCS have taken 83% of the oil revenue so far, with only 17% left to Ghana, since the agreement signed was under the old Concession System.

The NDC has so far refused to listen to the entreaties of those of us in the FTOS-Ghana Camapaign to adopt the PSA system to manage the Upstream oil sector. Is the write aware of the so-called Hybrid System they wanted to pass, and the campaign against it?

Andy-K
AOQ 9 years ago

You don't know what you are talking about! If you think shooting 3-D seismic in deep water and drilling one deepwater well for $80m with the chance of drilling three or four dry wells in succession is child play, go and inve ...
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You don't know what you are talking about! If you think shooting 3-D seismic in deep water and drilling one deepwater well for $80m with the chance of drilling three or four dry wells in succession is child play, go and invest you money in the Voltaian basin!
Plasma Kote 9 years ago

You must be writing on behalf of a THIRD PARTY !!!!!

You must be writing on behalf of a THIRD PARTY !!!!!
Plasma Kote 9 years ago

Come again.

Come again.
Ali Mahama 9 years ago

Tsikata toyed with our Oil Eploration in the 1990s till Kuffour came in 2000 to personally directed GNPC to hit Oil in commercial quantities which the NDC for skin-pain purposes discribed it Adwengo. In the same manner, Nana ...
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Tsikata toyed with our Oil Eploration in the 1990s till Kuffour came in 2000 to personally directed GNPC to hit Oil in commercial quantities which the NDC for skin-pain purposes discribed it Adwengo. In the same manner, Nana is coming with vision to strike Oil in the Volta Basion. That is the reason Voltarians are now clamouring for Nana to proper change the lives in Volta Region. Nana one foot is already in Jubilee House.

bonarpate 9 years ago

well ! well! GNPC exploration in the voltaian basin is not blown out of proportion except that these corporation with big pocket will not slap them and give them 4% , @ best 10%.

well ! well! GNPC exploration in the voltaian basin is not blown out of proportion except that these corporation with big pocket will not slap them and give them 4% , @ best 10%.
Arabela 9 years ago

Gnpc should go on to explore, produce ,develop and even do some expensive experiments to make sure Ghana recovers all of her resources. we shldnt allow ourselves to be fooled, if u tnk wat am sayn is rong ask the developed n ...
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Gnpc should go on to explore, produce ,develop and even do some expensive experiments to make sure Ghana recovers all of her resources. we shldnt allow ourselves to be fooled, if u tnk wat am sayn is rong ask the developed nations .They experimented with everytng , found solutions to their own problems. WE CAN DO IT!!!!!!!

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Why must GNPC explore the Voltaian basin?

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