Start-up was on time and on budget, three years after Ghana’s government approved the plan of development in May 2013.
Oil production is expected to ramp-up gradually toward the FPSO capacity of 80,000 b/d through the remainder of 2016. Tullow estimates that TEN’s average annual production this year will be around 23,000 b/d.
Tullow operates TEN with a 47.175% stake, in partnership with Anadarko (17%), Kosmos Energy (17%), Ghana National Petroleum Corp. (15%) and PetroSA (3.875%).
Aidan Heavey, CEO of Tullow, said: “This is an important moment for Tullow as production begins from our second operated development in Ghana. I thank the government of Ghana, the Petroleum Commission, and our partners – GNPC, Anadarko, Kosmos, and PetroSA – for their support and cooperation since we made the first discovery in 2009.”
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