- Since the FPSO Prof. John Atta Mills was connected to the risers and subsea infrastructure, the integrated facilities have undergone final commissioning and testing ahead of the start-up sequence which begins with water injection to the Enyenra reservoir, followed by oil production.
- Eight of the 11 pre-drilled wells have been completed, with the ninth to follow this week. Total capex to first oil is within budget at around $4 billion, with forecast capex in the second half of this year of around $200 million as drilling completions continue and equipment and vessels are demobilized.
- UK independent Tullow Oil issued a sell tender this week for its first cargo of crude from its offshore TEN field, traders said.
- The 650,000 barrel cargo is due to load Aug. 28-29. The tender closed on Thursday afternoon but the winner could not be immediately confirmed.
- The grade is sweet with an API gravity of about 33 degrees, one of the sources said.
- The TEN field is expected to come on stream in the next three to six weeks and produce an average of 23,000 barrels-per-day (bpd) gross this year, Tullow said at the end of June.* Tullow’s key asset in Ghana is the offshore Jubilee field that produced around 100,000 bpd in 2015, according to its website. (Reporting By Julia Payne)
- However, drilling on the three TEN fields will not resume until after the resolution of the Côte d’Ivoire and Ghana border dispute through the ITLOS tribunal – a decision is expected in 2017.