[ 2016-08-11 ]

FPSO Kwame Nkrumah

TEN project 99% done
The TEN project is 99 per cent complete, Kosmos
Energy, one of the partners working in Ghana’s
Jubilee oil fields in the Western Region, has
said.

The TEN Project is Tullow’s second development
following the record delivery of the Jubilee field
in 2010. It is expected to produce up to 80,000
barrels of oil per day.

Operated by Tullow, the TEN Project takes its
name from the three offshore fields under
development – Tweneboa, Enyenra and Ntomme –
which are situated in the Deepwater Tano block,
around 60km offshore Western Ghana.

In its second-quarter report, Kosmos said: “The
TEN project remains on schedule and on budget,
with the project now 99% complete and expected to
deliver first oil shortly, consistent with the
operator’s guidance.

“Eight of the eleven previously drilled wells
have now been completed. Hook-up and commissioning
of the FPSO, connecting the pre-drilled wells to
the vessel via the subsea infrastructure, is
nearing completion.”

The update said a gradual ramp-up in oil
production towards the FPSO capacity of 80,000
bopd is anticipated around the end of 2016 as the
facilities complete performance testing and well
production levels are increased to optimal rates.

Per operator guidance, average annualised
production from TEN in 2016 is expected to be
approximately 23,000 bopd gross during the year,
which equates to an average of approximately
55,000 bopd while it is online in 2016.

Associated gas production at TEN is expected to
be re-injected into the Ntomme reservoir gas cap
until gas export begins.

Gas export was planned to commence 12 months
after field start up, with the Tweneboa gas
reservoir coming onstream a further 12 months
later.

However, plans to accelerate gas export are
currently under evaluation as the fabrication of
the gas export facilities has been completed early
and can be installed by year end, allowing
connection to the existing gas infrastructure
early in 2017, the energy firm added.

During the second-quarter, Kosmos announced that
it had entered into a farm-out agreement with a
wholly-owned subsidiary of the Hess Corporation
(NYSE:HES) covering the Block 42 contract area
offshore Suriname. Kosmos and its partners in
Suriname expect to commence a 6,500 square
kilometre 3D seismic survey during the
third-quarter.

Source - classfmonline.com

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