Monday, February 3, 2025
In advance of Tullow Oil’s release of its 2024 Full Year Results, the company gave some insights into its plans for exploration and development in Ghana for 2025.
Tullow reports that a 4D seismic survey is currently underway across the Jubilee and TEN fields in Ghana to identify future well locations, optimize the 2025-26 drill program and develop a better picture of pressure and fluid movement in the reservoirs.
The Ghana drilling program is expected to commence in May 2025 with the Noble Venturer rig with two Jubilee wells (one producer and one injector) expected to come onstream in the third quarter of 2025. The rig will then undergo planned maintenance and restart drilling at the beginning of 2026, which will help drive an increase in production.
In related news, the company also added that in Gabon, the Falcon NE infrastructure led exploration (ILX) prospect on the DE8 license will be drilled during the first half of the year.