Audio By Carbonatix
Commercial production of crude from the Tweneaboa Enyenra Ntomme (TEN) will start with an initial production of about 23000 barrels a day.
Officials of Tullow disclosed this in London at an engagement with investors around the world.
Commercial production of Oil at the TEN field is expected to start from the second week in August.
The projected targets were about 50000 barrels a day and increased to 80000.
Chief Operating Officer, Paul McDane says, they are working to improve production.
He said the wells have a large capacity and they are estimating that next year their production will increase.
The TEN field is said to hold over 2 billion barrels of crude oil deposits.
Officials of Tullow have said that they are hoping to start exporting gas from the field for power production from next year.
Latest Stories
-
Wa West Agric Director calls for stronger gov’t support after difficult farming year
38 minutes -
‘Agriculture isn’t only for village folks’ — President Mahama pushes professionals to take up farming
40 minutes -
82-year-old man emerges overall National Best farmer for 2025
56 minutes -
Calls grow for stronger oversight as free trade and lax regulation fuel fake medicines
1 hour -
World Cup 2026: Tuchel keeps group stage opponents under wraps, shuns Ghana
2 hours -
Volta Region received a significant share of Big Push road projects – Mahama
2 hours -
Togbe Afede XIV lauds government’s $10bn ‘big push’ programme for boosting farm produce transport
3 hours -
FDA urges consumers to prioritise safety when purchasing products during festive season
3 hours -
President Mahama calls for single-digit interest rates on agricultural loans
3 hours -
President Mahama urges Ghanaians in formal jobs to take up farming
3 hours -
Farming interventions paying off, lifting incomes and food security, says Agric minister
3 hours -
Gov’t pledges science-backed interventions in agriculture, says Agric minister
4 hours -
Ghana unveils $3.4bn plan to accelerate national clean energy transition
4 hours -
Interior minister urges security agencies to maximise use of new NSB regional command in Ho
4 hours -
Photos: Ghana celebrates 41st National Farmers’ Day
4 hours