UPDATE 1-Tullow Oil expects to hit full output capacity at Ghana TEN field by 2020 [Reuters]
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Source: Reuters
UPDATE 1-Tullow Oil expects to hit full output capacity at Ghana TEN field by 2020 | Reuters Reuters Staff 2 Min Read (Adds details, context) ACCRA, Aug 15 (Reuters) - Oil production from Tullow Oil’s offshore Tweneboa, Enyenra and Ntomme (TEN) field in Ghana is expected to hit full output capacity of 80,000 barrels a day by 2020, a local manager said on Wednesday. TEN, with reserve estimates of 240 million barrels of oil and associated gas of 60 million barrels, produces around 56,000 barrels currently, external affairs director Cynthia Lumor told reporters in Accra. Tullow held back work at TEN, its second operation in the West African country, for nearly two years due to a maritime border dispute between Ghana and Ivory Coast. An international tribunal ruling last year on the dispute favored Ghana. “Since the ruling, we’ve added one more well adding up to eleven, and we will be drilling more to boost production towards plateau in 2020,” Lumor said. Tullow had said it needed to dril
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