Tullow has today announced that it has restarted production at its offshore Ghana, Jubilee field.
Tullow first announced problems with its Jubilee Field back in July, when it released a statement announcing that its ‘Kwame Nkrumah’ Floating Production Storage Vessel (FPSO), had ceased all exports back to its Atuabo gas processing plant on the Ghanaian mainland.
A problem with the FPSO’s natural gas compression systems was cited, however, Tullow was unable to elaborate as to what the exact problem was or give an accurate estimation of when things were likely to resume.
The problem also had a knock on effect to the Jubilee Field’s oil production, that had to be limited to 65,000 barrels of oil equivalent a day.
In todays (12th August) ‘Operational Update, Tullow said that the Jubilee Field had restarted production ahead of schedule, after work on the Kwame Nkrumah FPSO’s gas compressors was completed. No actual date was given.
Tullow went further saying that gas exports from the Ghanaian field started back on the 3rd August 2015, and has increased steadily since, to around 100 million standard cubic feet per day (mmscfd), and now sits at production and export levels pre compressor issues.
Tullow Oil’s Chief Executive Officer, Aidan Heavey, said “Tullow continues to make good progress in 2015 having reset the business and with continued emphasis on managing costs, capital expenditure and the balance sheet.”
On the matter of the Jubilee Field, Heavey said, “We are also focused on operational efficiency and the Jubilee compressor issue has been resolved ahead of schedule. With production back to normal at Jubilee, we expect to meet our full year production guidance.”