Tullow Oil Production at Jubilee South East Surpassed 100,000 Daily Oil-Barrels
Tullow Oil said Monday that gross production from its Jubilee South East project has surpassed 100,000 oil-barrels a day after a second well has been brought onstream.
The oil-and-gas company said both wells at the project located offshore Ghana are performing in line with expectations and have increased production rates by around 50% compared with the first half of 2023.
“For Tullow, delivery of this step up in production is a key part of our business plan, in line with our commitment to deliver over $800 million of free cash flow between 2023 to 2025,” Chief Executive Rahul Dhir said.
Published: 17-07-2023
