Advancements
Tullow Oil emphasized important advancements in Ghana, especially the July 2023 production milestone of the Jubilee South East project. Field productivity increased significantly as a result of this occurrence, with average daily rates rising by 30% in the second half of the year over the first.
In 2023, the Jubilee field produced 83.4 thousand barrels of oil gross per day (32.5 thousand barrels net per day).
In the future, Tullow Oil plans to open five new Jubilee wells in 2024. These wells will consist of two water injectors and three producers, which will increase production capacity even more.
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