Thursday, February 25, 2010

NO GAS FLARING AT JUBILEE FIELDS — TULLOW (PAGE 3, JAN 23, 2010)

Tullow Oil and its partners operating at the Jubilee Oil Fields in the Western Region has stated that there will be no flaring of gas, even if the intended gas factory onshore was not ready before oil production begins.
The company further announced that at the end of December 2009, the Mahogany Deep-2 appraisal well confirmed good quality of light oil accumulation.
It said Floating, Production, Storage and Offloading (FPSO) vessel which would be positioned offshore, was very sophisticated and could receive gas and re-inject it into the well until the factory onshore was ready.
Responding to the question if the delay in the setting up of the gas processing factory in the Jomoro District will not delay the protection date, as well as force them to flair the gas, Mr Kofi Esson, Tullow Government and External Relations Officer, said this would not happen.
He said apart from the fact that the laws of the country did not allow the flaring of gas, Tullow was committed to good environmental practices, hence the designing of the FPSO to receive and re-inject the gas into the wells.
He called for support to ensure that the needed skills were transferred to Ghanaians when production gets underway.
He said the two light oil reservoirs in the Mahogany Deep section were of very good quality and stated that a new reservoir had also been encountered in a deeper stratigraphic level beneath the Mahogany Deep section.
The new accumulations discovered by the well would now be evaluated, using the recently reprocessed high resolution 3D seismic data and may be the target of future drilling.
Mr Esson said potential extensions of the Jubilee Field and associated prospectivity would be drilled in the course of the year.
Tullow has a 22.896 per cent interest in the West Cape Three Points licence and its partners are Kosmos Energy (Operator) and a subsidiary of Anadarko Petroleum Corporation, (30.875 per cent each), the E.O. Group (3.5 per cent), Sabre Oil & Gas (1.854 per cent) and the Ghana National Petroleum Corporation (GNPC) 10 per cent carried interest.

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