The West Africa Business Team focuses on Tullow’s production and development projects in West Africa. This includes Tullow’s flagship operated assets, the Jubilee and TEN fields in Ghana, and a portfolio of non-operated production assets across the region. The West Africa Business Team also manages the Group’s UK operations.
Production from the UK North Sea assets ceased in the third quarter of 2018. The decommissioning programme for these assets is expected to be completed by 2025.
Tullows working interest production for the first half of 2019 is expected to average around 88,700 bopd, including production-equivalent insurance payments.
The Group’s full year forecast remains unchanged at 90,000-94,000 bopd. This forecast includes production-equivalent insurance payments of 1,300 bopd. The insured period associated with Tullow’s successful Corporate Business Interruption claim has now ended three years after cover commenced. Tullow continues to insure against Business Interruption.