West & North Africa

Last updated: 30 Jul 2014

Key statistics

Key
activities
Countries Licences Acreage
(sq km)
Producing
fields
 1H 2014 Working interest production (boepd) 1H 2014 Sales revenue 1H 2014
Capital
investment
E D P 7 36 79,409 20 63,800 $1,099m $637m

 

Tullow's first African licence was acquired in Senegal in 1986. The transformational acquisition in 2004 of Energy Africa was a further step in the African portfolio growth, bringing with it five African producing countries. Then in 2007 the Hardman Resources acquisition brought Tullow the operatorship of EA-2 in Uganda and production in Mauritania.

The next stage of the African production growth story was in November 2010 when first oil from the Jubilee field in Ghana was produced into the FPSO. The next stage of the Jubilee field development, Phase 1A, is now underway with Jubilee expected to produce on average around 100,000 bopd in 2014. The TEN Plan of Development in Ghana was approved by the government in May 2013 representing Tullow's second major development project in the country with the development project now underway with first oil expected in mid-2016.

The Group has a number of high-impact exploration wells across West and North Africa planned throughout 2014/15. Expertise in core plays and a focus on execution creates the opportunity for further material exploration upside. A campaign of wells commenced in Mauritania in August 2013 and the results of these wells is currently being evaluated. In August 2014, Tullow commenced the drilling of the Sputnik-1 well offshore Gabon. In early 2015 Tullow anticipates spudding its first offshore exploration well in Guinea.

Licence list

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