Ghana Flag of Ghana

Last updated: 12 Feb 2014

Key statistics

Key activities Licences Acreage
(sq km)
Producing fields 2013 Working Interest Production (boepd)
E D P 2 1,290 1 34,600

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 capacity 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 100,000 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 the Plan of Development was approved by the government in May 2013 with first oil expected in mid-2016.

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Published October 2013

Licence list

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Ghana share listing

The Tullow Oil plc Ghana share offer has been a success with over 3.5 million shares allotted. Trading of Tullow shares on the GSE commenced on 27 July 2011.