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Tullow has a strong team with clear management and governance frameworks.
The Group delivered strong operational and financial performance in 2012.
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The Group delivered strong operational and financial performance in 2012.
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Last updated: 20 Mar 2013
| Countries | 2012 Exploration and appraisal wells | 2012 Success rate |
|---|---|---|
| 8 | 17 | 76% |
In the West and North Africa business unit, Tullow's major exploration success began in 2007 with the first Jubilee field discovery well, Mahogany-1, in Ghana. To date, over 30 E&A wells have been drilled in Ghana. The successful exploration campaign in Ghana led to the major Jubilee field development project and in November 2012 the TEN Plan of Development was submitted to the Government of Ghana.
In 2012, 17 E&A wells were drilled in the region across Ghana, Sierra Leone, Côte d'Ivoire, Gabon and Equatorial Guinea with a 76% success rate. In 2013, a number of significant high-impact exploration wells will be drilled in Côte d'Ivoire and Mauritania focussing on Jubilee-play Late Cretaceous turbidite fan systems. This exploration play was successfully proven across the Atlantic from Ghana in 2011, with the Tullow discovery in French Guiana at Zaedyus-1.
Learn more about the process behind Tullow's exploration strategy by viewing our film.
| Country | Block | Prospect | Interest | Spud Date |
|---|---|---|---|---|
| Côte d'Ivoire | CI-103 | Calao | 45% (op) | Q2 2013 |
| Gabon | Kiarsseny | Perroquet | 50.1% (op) | Q2 2013 |
| DE-7 | Assewe West | 28.6% | Q2 2013 | |
| Kiarsseny | Crabbe | 50.1% (op) | Q3 2013 | |
| Ghana | Deepwater Tano | Enyenra-6A | 49.95% (op) | In progress |
| Mauritania | C7 | Frégate (Scorpion) | 36% | Q2 2013 |
| C-10 | Tapendar | 80% (op) | Q3 2013 | |
| C-1 | IDA | 40% | Q4 2013 | |
| C-6 | Sidewinder | 88% (op) | Q1 2014 | |
| Guinea | Guinea Offshore | Sylli | 40% (op) | Q1 2014 |
