Page 9 - AfrOil Week 04 2022

AfrOil PERFORMANCE AfrOil

This figure, which includes 28-000-30,000 bpd of two strategic development wells in the area of
net to Tullow, takes into account a planned two- the Ntomme riser base, as well as an additional
week shutdown that will occur in the second well at Enyenra, in the second half of the year,
quarter of 2022 for the purpose of maintenance, as well as investment in the infrastructure that
it said. will enable the new wells to begin operating in
In 2021, Tullow added, Jubilee produced 2023, it said.
74,900 bpd of oil on average. The field saw daily The company also confirmed that its equity
output rates rise from around 70,000 bpd at the stakes in Jubilee and TEN were on track to rise to
beginning of the year to more than 90,000 bpd 38.9% and 54% respectively as a result of its deci-
at the end of the year, thanks to a combination sion to pre-empt another shareholder from sell-
of improvements in operational performance ing its holdings to Kosmos Energy (US). Tullow
and the drilling of new wells, including two new announced last November that it was exercising
production wells and one new workover well, it its right of first refusal and blocking another US
stated. company, Occidental Petroleum, from unload-
Three more wells are due to be sunk at Jubilee ing its stakes.
this year, the statement reported. One water-in- It will be able to close the transaction once
jection well is slated to begin providing support it secures approval from the Ghanaian govern-
to existing production wells in the first quarter, ment and finalises its agreement with Kosmos
followed later by another production well and Energy and Anadarko, the US-based firm that
another water-injection well, it said. Addition- Occidental bought in April 2019. ™
ally, it said that Tullow intended to assume con-
trol of the Jubilee floating production, storage
and off-loading (FPSO) unit from MODEC
(Japan) once that company’s operations and
maintenance (O&M) contract for the vessel
expires later this year.
The statement went on to say that the TEN
block was set to yield 22,000-26,000 bpd of oil,
including 11,000-12,000 bpd net to Tullow. This
would represent a drop from the 2021 average of
32,800 bpd, including 15,500 bpd net to Tullow,
it reported, adding that the decline was a conse-
quence of the natural ageing of existing wells at
the licence area.
In 2022, the statement continued, Tullow
and its partners will focus the TEN drilling pro-
gramme on bolstering the fields’ production
rates and potential. This will involve the drilling Jubilee and TEN are in a deepwater part of Ghana’s offshore zone (Image: Tullow Oil)

GNGC sees gas flows increase more

than three-fold between 2016 and 2021

GHANA STATE-OWNED Ghana National Gas Co. expansion of domestic gasification programmes
(GNGC) has reportedly seen the volume of nat- in Ghana, he said.
ural gas flowing through its transportation and “We expect that the gas volumes will increase
distribution pipelines climb more than three- [at] the Jubilee field from the current maximum
fold over the last five years. of 300 mcm [per day] to 450 mcm, and we have
According to data referenced in a report identified areas where the expected volumes
from the Daily Graphic, GNGC’s midstream of gas could be put to use to help drive Ghana’s
and downstream networks handled around industrialisation agenda,” he was quoted as say-
300mn cubic metres per day of gas in 2021. This ing by GhanaWeb.
represents a rise of 233.33% on the 2016 average Domestically produced gas could be used to
of 90 mcm per day. fire thermal power plants (TPPs) or as a power
The company anticipates that throughput source for mineral processing operations,
will continue rising in the coming years, largely Asante commented. Additionally, it could serve
as a result of increased gas production at the off- as a feedstock for the production of fertiliser and
shore Jubilee field, GNGC’s CEO Dr Ben Asante CNG, which can be used as automobile fuel, he
told reporters on January 25. This will allow for said.

Week 04 26•January•2022 www. NEWSBASE .com P9