Jubilee sees first oil

As predicted earlier this week, official first oil from the $3.3-billion Jubilee field development offshore Ghana is flowing.

Offshore staff

HOUSTON – As predicted earlier this week, official first oil from the $3.3-billion Jubilee field development offshore Ghana is flowing. Immediately following first oil, well capacity will be 55,000 b/d of oil, and as new wells are completed over a three-to-six month period, production is expected to ramp up to approximately 120,000 b/d.

Jubilee field uses a subsea production and control system tied back to a turret-moored FPSO, the Kwame Nkrumah. The FPSO can process 120,000 b/d of oil, 160 MMcf/d of gas and stores up to 1.6 MMbbl of stabilized crude. It also is capable of treating and injecting 232,000 b/d of water for reservoir pressure maintenance and compression.

Tullow Oil plc is the operator with a 34.70% working interest. Anadarko owns a 23.49% working interest, Kosmos Energy (23.49%, Sabre Oil and Gas (2.81%, E.O. Group (1.75%), and GNPC (13.75%.

12/15/2010

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