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, Ghana National Petroleum and CEF (SOC).
Production from Greater Jubilee
The Greater Jubilee conventional oil field recovered 50.01% 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 45% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 374.78 Mmboe, comprised of 332.37 Mmbbl of crude oil & condensate and 254.41 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
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.