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Tullow has a strong team with clear management and governance frameworks.
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The Group delivered strong operational and financial performance in 2012.
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Last updated: 20 Mar 2013
| Key activities | Licences |
Acreage (sq km) |
Producing fields | 2012 Working Interest Production (boepd) |
|---|---|---|---|---|
| E D P | 2 | 1,446 | 1 | 25,450 |
Tullow has interests in two exploration licences offshore Ghana where, in 2007, two successful exploration wells discovered the substantial Jubilee field which straddles the boundary between the two blocks; Deepwater Tano and West Cape Three Points.
The Minister of Energy in Ghana formally approved the Jubilee field Phase 1 Development Plan and Unitisation Agreement on behalf of the Government of Ghana in July 2009. The field has continued to ramp up towards plateau production following acid stimulation on a number of the original Phase 1 wells and a number of new Phase 1A wells coming on stream. Gross production is currently around 110,000 bopd.
In March 2009, a further major discovery was made in the Deepwater Tano block. The Tweneboa-1 exploration well discovered a highly pressured light hydrocarbon accumulation. This was followed by the successful Tweneboa-2 well announced in January 2010 which encountered oil and gas-condensate 6km south of the original discovery. Since then, a successful E&A campaign has resulted in the Tweneboa-Enyenra-Ntomme (TEN) discovery and a Plan of Development was submitted for the Government of Ghana in November 2012.
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