Tullow Ghana to restart drilling in Ghana
Tullow Ghana and its partners have announced the restart of drilling operations in the Jubilee Field, following the completion of their previous campaign in December last year.
According to the company, this marks the beginning of a renewed phase of investment and confidence in Ghana’s energy future.
The new two-year program, set to begin in May 2025, is expected to boost oil production and enhance operational efficiency at one of West Africa’s strategic oil fields.
This follows Tullow’s earlier four-year drilling program, which concluded in December 2024. That campaign successfully delivered 18 new wells, six months ahead of schedule and under budget.
Managing Director of Tullow Ghana, Jean-Médard Madama, stated, “This is an exciting moment for us. The restart of drilling reflects another milestone in our journey in Ghana and demonstrates our confidence in the country’s resource base. Even as the field matures, we remain confident in its ability to deliver value for our shareholders, partners, and the people of Ghana.”
The upcoming campaign will be rolled out in phases, beginning in May 2025, with further activity scheduled for November and continuing into 2026.
Tullow’s previous drilling campaign was recognized for its efficiency, strong safety record, and disciplined cost management. The company has expressed its commitment to achieving even higher standards in drilling management throughout the new project.
Ahead of the restart, Tullow recently completed a 16-day maintenance exercise at the Jubilee Field to upgrade operations and reduce risks.
“Despite entering a mature phase, the Jubilee Field remains a critical source of production and a revenue base for key stakeholders in the sector. This new campaign will seek to unlock further value,” according to a report by myjoyonline.com.
SSD/MA
Watch the latest edition of BizTech below:
Click here to follow the GhanaWeb Business WhatsApp channel