[ 2012-05-16 ]

Jubilee Field to realise 120,000 BPD target by 2013
Tullow Oil has described as encouraging initial
results of a program to boost productivity at the
Jubilee Oil Field to the initial 120,000 barrels
of oil per day.

This is contained in the company’s operational
update in a press release copied to Citi Business
News.
Tullow Oil, reiterated that the projected 120,000
barrels of oil per day would be reached in early
2013.

According to the lead operator on the Jubilee
field, production on the Jubilee Field has
produced 33 million barrels of oil after 34
liftings.

The report said in 2012 to date, Jubilee Field
production has averaged approximately 67,000
barrels of oil per day but this is likely to
change early next year.

Tullow said some of the initiatives it has taken
to get the field producing oil at its maximum
capacity, is to reposition some of the wells
producing the oil and installing an alternative
completion design in one of the affected wells.

Gross production is therefore expected to average
between 70,000 and 90,000 barrels of oil per day
in 2012 and field capacity is expected to be
reached in early 2013.

Technical work on the TEN development, which
includes the FPSO design competition, subsea FEED
and associated tendering is progressing to plan.
The schedule to submit the Plan of Development to
the Minister of Energy is on track for submission
during the third quarter.

First production is expected approximately 30
months after receipt of Government approval.
The only bad news perhaps is when the partners
failed to find any oil in the Teak-4 appraisal
well in the West Cape Three Points license and had
to abandon it.

Government approval for the Phase 1A development
was received in January and will include five
additional producing wells and three injection
wells. The first well was drilled in April and
first production from the Phase 1A development is
expected in the fourth quarter of 2012.

In the West Cape Three Points licence, the Teak-4
appraisal well encountered thin non-commercial
reservoirs and the well has been plugged and
abandoned. Discussions are on-going in relation to
further appraisal and development plans for the
Mahogany, Teak, Akasa and Banda discoveries.

In the Deep Water Tano licence, excellent
progress was also made on the TEN appraisal
programme over the period with three wells
drilled. Enyenra-4A, a down-dip appraisal well
encountered good oil bearing sands and proved a
continuous oil column in the Enyenra field of
approximately 600 metres.
Owo-1RA, the re-drill of the original Enyenra
discovery well, was tested during the period at a
co-mingled rate of approximately 20,000 bopd and
Ntomme-2A, a down-dip appraisal well, discovered
high quality oil bearing reservoirs.

Technical work on the TEN development, which
includes the FPSO design competition, subsea FEED
and associated tendering is progressing to plan.
The schedule to submit the Plan of Development to
the Minister of Energy is on track for submission
during the third quarter. First production is
expected approximately 30 months after receipt of
Government approval.

Source - Citifmonline

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