Tullow Oil has confirmed that four additional wells at the Jubilee field offshore Ghana are scheduled to come on stream between June and September 2026, as the UK-headquartered independent builds on a stronger-than-expected production start to the year.
Six Jubilee wells in total are expected to come online in 2026 — five producers and one water injector. Two producers, J74-P and J75-P, are already active. The next three producers are due in June and July, with the final water injector well following in September. Riser-based gas lift is being used across the field to sustain production rates and counteract natural reservoir declines, with the east-side gas lift now operational and a west-side installation approved for full implementation in 2027.
Tullow reported net oil production from Ghana of 35.4 thousand barrels of oil per day in the first quarter of 2026, up from an average of 32.5 kbopd net across 2025. Average facility uptime across the FPSOs held at 97 percent. Gross production from Jubilee averaged 60.9 kbopd in 2025, while the TEN fields averaged 16.0 kbopd gross, both above original expectations.
A significant operational milestone came in May 2025 with the replacement of the FPSO TEN flare tip, resulting in an approximately 50 percent reduction in routine flaring from July 2025. The extension of Tullow’s Ghanaian petroleum agreements to 2040 is expected to deliver an increase in net 2P reserves of over 10 million barrels of oil equivalent, while the recent purchase of the FPSO TEN vessel is projected to yield cost savings by eliminating its substantial annual lease payment and capturing operational synergies with the Jubilee FPSO.
Chief Executive Ian Perks said the positive start to the 2025–26 Jubilee drilling campaign highlights the quality and potential of Tullow’s Ghana assets. He also pointed to the FPSO TEN acquisition and the extended petroleum agreements as developments that have strengthened the company’s platform for sustainable growth alongside stronger oil prices.
Source: offshore-energy.biz