Jubilee

About Jubilee Crude

  • Discovered in 2007, first oil in Dec 2010 – 40 months from discovery to production, 1st cargo, January 2011.
  • Tullow is the Field Operator and equity producer with 35.48% working interest.

Production

  • FPSO design capacity of 120kbd.

QUALITY

    • Light Sweet, Paraffinic.
    • Low Metals, Nitrogen and TAN.

    Cargo sizes

    • Standard cargos size 950kbbls +/-5%.
    • Option to offer 650 +/-5% with prior notice.

    Logistics

    • Flexible Logistics, terminal can accept Aframax, Suezmax and VLCC’s calling either 1st or 2nd Port.
    • Maximum 350k DWT.

    MARKETS

    • Cargos sold into four continents: Asia, Africa, Europe & North America.

    JUBILEE – FULL FIELD DEVELOPMENT

    • In mid-2017, Tullow submitted the Greater Jubilee Full Field Development Plan to extend field production and increase reserves. Approval of the plan is anticipated in the second half of 2017. 

    Jubilee crude properties

    Whole Crude Property Units Jubilee
     API API 36.8
     Sulphur WT% 0.29
     Nitrogen Ppm 1,320
     TAN No.  mgKOH/g <0.05
     Pour Point OC <6
     Vanadium Ppm 3
     Nickel Ppm 4
     Cut (deg C) Yield %  Jubilee
     Gas-500/15 WT% 1.7
     Nap 15/175 WT% 23.3
     Kero 175/250 WT% 13.5
     Dist 250/360 WT%
    19.6
     VGO 360/565 WT%
    28.4
     VRES 565/999 WT% 13.5