Tullow expedites gas production from TEN

quist

July 19, 2016 11:41 AM

Reports reaching Pulse.com.gh suggest that the two parties are getting closer to an agreement that will see the fields producing gas ahead of schedule, which will see wet gas delivered to the Ghana National Gas Company in Atuabo.

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Managers of the Tweneboa-Enyenra-Ntomme (TEN) offshore oilfields are currently in discussions with government to expedite gas production to augment supply available for the country’s power generation needs.

According to the Managing Director of Tullow Ghana, Charles Darku, the Floating Production Storage Offloading (FPSO) Prof. John Evans Atta Mills will begin production in the third week of August 2016 with a production capacity of 50,000 barrels a day.

TEN is expected to produce about 300 million barrels of oil, equivalent to 20 years lifespan of the project, and 80% of the oil would be gas.

Tullow Oil owns 47.185% of the TEN project, Ghana National Petroleum Corporation.

The shareholders in the TEN project are Tullow – 47.185%, Ghana National Petroleum Corporation (GNPC) – 15%, Kosmos Energy – 17%, Anadarko Petroleum Corporation – 17%, and PetroSA - 3.815%.

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