Tullow Ghana Reaches 300-million-barrel Milestone in Jubilee Oil Field
Image: Tullow Oil
Tullow Ghana Limited (TGL), a subsidiary of London’s Tullow Oil Plc, has reached a production milestone of 300 million barrels of oil from the Jubilee field, which went from discovery to first oil in 40 months.
TGL is the operator of the Jubilee and Tweneboa, Enyenra and Ntomme (TEN) fields. During the first half of 2020, production in the Jubilee field averaged 84,700 barrels per day (bpd), and production in the TEN fields averaged 50,900 bpd with facility uptime on both floating production storage and offloading units in excess of 95%.
“Reaching 300 million barrels of oil produced from the Jubilee field is a significant moment for Ghana and for Tullow,” said Rahul Dhir, Chief Executive Officer, Tullow Oil Plc. “This could not have been achieved without the hard work and dedication of our employees, contractors and support from and close co-operation with the government of Ghana and our partners.”
According to TGL its partners; Ghana National Petroleum Corporation, Kosmos, Anadarko and Petro SA, were proud to be part of Ghana’s Jubilee achievement. TGL and partners invested $10.8 billion in the Jubilee field from 2007 to 2019 and plan to continue to invest in Ghana’s hydrocarbon resources.
“Tullow Ghana thanks all stakeholders including the government of Ghana, its joint venture partners, contractors and suppliers, its host communities, its staff and the people of Ghana for their collaboration and support in reaching this important milestone,” he added.