Tullow Oil says Jubilee production passes 100,000 barrels per day

17th Jul 2023 08:42

(Sharecast News) - Tullow Oil said production from its Jubilee field following the recent start-up of the Jubilee South East (JSE) Project, off Ghana had passed 100,000 barrels per day after a second production well was brought onstream.

The company on Monday added both of the JSE wells are performing in line with expectations and have increased production rates by around 50% compared to the first half of 2023. Two further wells are on track to be tied in during the remainder of the year.

Reporting by Frank Prenesti for Sharecast.com