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Wednesday, July 8, 2015
Tullow Oil revealed that two Phase 1A wells will be drilled on the Jubilee field offshore Ghana. The first of these wells, the J-37, has already spud.
The company also said that in light of the performance of the Jubilee field year to date, and the decision to have a planned one-week shutdown in H2 2015, it has increased its full year 2015 average working interest production guidance for the field to 103,000 bpd (36,500 bpd net).
Work continues to incorporate the Mahogany, Teak, and Akasa resources in the Greater Jubilee Full Field Development Plan which the partnership plans to submit to the authorities by year-end.
At the Tullow-operated TEN Project, Tullow reports excellent progress is continuing and the project remains within budget and on schedule for first oil in mid-2016. The TEN project saw important milestones achieved during Q2 including the running of the first two of ten well completions; the installation of the turret on the bow of the FPSO; the first in-country fabrication works made ready for the start of the offshore installation campaign in mid-July; and specialist subsea manifolds and umbilicals from the USA made ready for transport to Ghana.
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