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Tullow first entered the UK offshore exploration, development and production arena in 2000, when it acquired a significant number of Southern North Sea gas assets from BP. The acquisition comprised of assets in the CMS and Thames-Hewett Areas. The portfolio has since been expanded through a number of new licence awards and bolt-on acquisitions including transactions with Shell, Chevron-Texaco and Conoco-Phillips. Tullow has succeeded in extending the life of these mature assets through focused cost reduction, successful exploration and innovative developments. Tullow's first offshore operated development was the Horne and Wren project in the Thames Area where production commenced in 2005.
In June 2008 the £35 million sale of non-core CMS exploration and development assets to Venture Production completed. Following this, in November 2008, Tullow completed the sale of its whole interest in the Hewett-Bacton producing assets and terminal to Eni for £210 million.
In 2012, Tullow announced its intention to sell its UK and Netherlands gas assets.
'Cameron' well Environmental Statement
Tullow is planning to drill an exploration well at the 'Cameron' prospect (UKCS Block 44/19b) during Q2 2011. Tullow Oil has prepared an Environmental Statement associated with the drilling of this well. The Environmental Statement can be downloaded by clicking on the link below:
Infrastructure Code of Practice