The West Africa Business Delivery Team focuses on Tullow’s production and development projects in West Africa. This includes Tullow’s flagship operated asset, the Jubilee field in Ghana, the TEN Project which is the Group’s second development in Ghana, and a portfolio of non-operated production assets in five further countries across the region. The West Africa Business Delivery Team also manages the Group’s UK and the Netherlands gas production, which is part of an ongoing divestment plan.
In the first half of 2016, Tullow’s West Africa working interest oil production averaged 51,800 bopd, impacted by lower production from the Jubilee field in Ghana, associated with the FPSO turret issue. In Europe, gas production averaged 6,600 boepd in the first half of 2016.
Tullow’s 2016 West Africa oil production guidance range was revised in November to 64-67,000 bopd net, and now includes production-equivalent revenues for Jubilee covered by Business Interruption insurance.
Full year guidance for European production is around 6,000 boepd.