Tullow Oil PLC on Monday started drilling the first well at the Jubilee field, as part of its new multiyear drilling campaign offshore Ghana.
Contractor Maersk Venturer is expected to drill four wells in total in 2021, including two production wells, one water injector well and one gas injector well.
"The Ghana portfolio has a large resource base with extensive infrastructure already in place. Through a rigorous focus on costs and capital discipline, Tullow believes that these assets have the potential to generate material cash flow over the next decade and deliver significant value for Ghana and investors," the oil company said Tuesday.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
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April 06, 2021 at 01:36PM
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Tullow Oil starts drilling at offshore Ghana field - MarketWatch
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