Gross oil production from the Jubilee Field offshore Ghana has been impacted by performance issues with a new producer well, operator Tullow Oil said in an update.
Tullow Oil brought onstream three new wells at the Jubilee oil field offshore Ghana during the first quarter, the company said in an operations update.
Tullow Oil Plc has agreed to sell its total interest in Tullow Guyana BV, which includes the Orinduik license in Guyana to Eco Guyana Oil and Gas (Barbados) Ltd.
Production from the deepwater Jubilee oil field offshore Ghana was impacted by a higher-than-expected water cut from certain wells during the first half of the year.
Tullow Oil, Kosmos Energy, PetroSA, Ghana National Petroleum Co. and Explorco have entered a memorandum of understanding (MoU) with the government of Ghana.
Following Tullow Oil's Dec. 5 announcement of CEO Rahul Dhir's departure, the company has now appointed an interim CEO and CFO while they continue the search for a permanent CEO...