||1H 2014 Working Interest production (boepd)
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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 2012, Tullow announced its intention to sell its UK and Netherlands gas assets. Tullow signed an agreement to sell a 53.1% interest in the Schooner Unit and a 60% interest in the Ketch field in the UK Southern North Sea to Faroe Petroleum (U.K.) Limited in April 2014. The purchase has an effective date of 1 January 2014 and is expected to complete by the end of the year when operatorship of Schooner and Ketch will also transfer to Faroe. Tullow is making good progress with selling the remainder of its UK and Dutch North Sea assets.
'Cameron' well Environmental Statement
Tullow drilled an exploration well at the 'Cameron' prospect (UKCS Block 44/19b) during 2011. Tullow Oil 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