Production

Tullow awarded further license offshore Côte d'Ivoire

Dec. 14, 2022

Tullow Oil has signed a production sharing contract for exploration license CI-803 offshore Côte d'Ivoire, adjacent to its existing concession CI-524.

Tullow has been active in Côte d’Ivoire since 1997. The company has a non-operated production license interest in the Espoir field (pictured), which sits on the edge of the African continental shelf some 19 km from shore, and an operated interest in an offshore block adjacent to the Ghana maritime border.

Offshore staff

LONDON — Tullow Oil has signed a production sharing contract for exploration license CI-803 offshore Côte d'Ivoire, adjacent to its existing concession CI-524.

The company will operate with a 90% interest, the remainder held by state-owned Petroci.

According to Tullow, the award strengthens its position in an area of the Tano Basin where significant prospectivity has been identified in Cretaceous turbidite plays, similar to those that have produced for years in the TEN and Jubilee fields offshore Ghana.

The initial 2.5-year work program includes reprocessing of 3D seismic data and prospect evaluation. Tullow is maturing drilling candidates in CI-524 and aims to drill an exploration well in 2024.

12.14.2022