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

    • The Government of Ghana approved the Greater Jubilee Full Field Development Plan in October 2017, allowing Tullow and its Joint Venture Partners to prepare for a multi-year incremental drilling programme to maximise and sustain oil production and gas export. 

    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