Ghana to receive at least 23,000 bopd more of oil from August – Tullow

Ghana will receive at least an additional 23,000 barrels of oil per day (BOPD) from August, Tullow Oil plc of Britain has said.

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Oil
Oil

It said this would be the average gross production from the Tweneboa-Enyenra-Ntomme (TEN) field expected to commence production between July and August, this year.

Oil
Oil
In its Trading and Operational update issued here on Thursday, Tullow said the TEN project was progressing steadily and was 90 percent ready for production.

“The TEN Project is making excellent progress and remains within budget and on schedule with first oil expected between July and August 2016. The project is now over 90 per cent complete and during the first quarter of 2016 a number of significant milestones have been achieved,” the Tullow statement said.

The production vessel, FPSO Prof. John Atta Mills, sailed from Singapore on 23 January and arrived in Ghanaian waters on 2 March.

Tullow said the mooring operations for the FPSO were complete and the vessel was being connected to the subsea infrastructure via the risers and umbilical and commissioning of these systems was under way.

“Six of the eleven pre-drilled wells are now completed, with the seventh completion under way,” it added.

According to the statement, the overall subsea installation campaign, comprising approximately 35,000 tonnes of equipment, has also reached over 90 per cent completion.

“Given the mid-year start-up and ramp-up in the second half, Tullow estimates that TEN average annualized production in 2016 will be around 23,000 bopd gross (net: 11,000 bopd) as previously guided,” it added.

Parts of the TEN fields are part of the disputed territory between Ghana and western neighbors, Cote d’Ivoire.

Although the Francophone country had asked the International Tribunal on the Law of the Sea (ITLOS) seating in Hamburg, Germany, In March last year to order a suspension of development activities by Ghana on the field, the tribunal ruled that Ghana could continue with current developments, but should drill no new wells.

Theo Ahwireng, Chief Executive Officer of Ghana’s Petroleum Commission, has said that Ghana’s gas production will triple by 2019 to give more impetus to thermal power production.

He said while gas production would reach 300 million standard cubic feet of gas per day (mscf) by 2019, oil production would reach between 180,000 barrels of oil per day (bopd) and 200,000 bopd by 2020 based on new oil and gas fields coming on stream from this year. Enditem.

Source: Xinhua

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