Tullow Oil has announced that exports of gas from the Jubilee Field to the Ghana Gas plant at Atuabo are expected to restart by mid-August.

Since 3 July, gas export from the field located 60km offshore between the Deepwater Tano and West Cape Three Points blocks in Ghana has been suspended due to technical issues with gas compression systems on the floating production storage and offloading (FPSO) vessel Kwame Nkrumah.

According to the company, oil production is limited to approximately 65,000bopd at present and is under constant review.

The review is not expected to impact the field’s reservoir or resources.

A team of experts has been mobilised in a bid to solve the fault within the gas compression system.

"The field’s recoverable reserves are estimated to be more than 370 million barrels."

Tullow Oil hopes that it will take about a further three weeks to reinstate gas export and full oil production and plans to review its 2015 production forecast for Jubilee.

Located at a water depth of 1,100m, the field’s recoverable reserves are estimated to be more than 370 million barrels.

Tullow owns 49.95% of the Deepwater Tano block, while Kosmos and Anadarko each own 18%, Sabre Oil & Gas holds 4.05%, and Ghana National Petroleum (GNPC) with 10%.

Kosmos Energy discovered the Jubilee field in 2007 and later on Tullow Oil developed it.

Image: Tullow suspended gas exports from Jubilee field since 3 July 2015. Photo: courtesy of Tullow Oil plc.