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November 26, 2021

Greater Jubilee Conventional Oil Field, Ghana

By Carmen

Greater Jubilee is a producing conventional oil field located in deepwater in Ghana and is operated by Tullow Ghana. The field is located in block West Cape Three Points, Deepwater Tano, and Jubilee Field Unit Area, with water depth of 5,018 feet.

Two expansion projects are associated with the Greater Jubilee conventional oil field, namely Jubilee North East and Jubilee South East. The expansion projects are currently in the approval and construction stage, targeting start-up during 2023.

Field participation details

The field is owned by Tullow Oil, Kosmos Energy, CEF (SOC), Occidental Petroleum and Ghana National Petroleum.


Production from Greater Jubilee

The Greater Jubilee conventional oil field recovered 45.69% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 106.4 thousand bpd of crude oil and condensate and 72 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047. The field currently accounts for approximately 43% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 406.94 Mmboe, comprised of 361.39 Mmbbl of crude oil & condensate and 273.32 bcf of natural gas reserves. Greater Jubilee conventional oil field reserves accounts 0.08% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Greater Jubilee conventional oil field

Some of the key contractors involved in the Greater Jubilee project as follows.

Main EPC: TechnipFMC

Other Contractors: A.P. Moller – Maersk, GC Rieber and NOV

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Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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