Tullow Oil, the major stakeholder in Ghana’s Jubilee oil field says in 2012, oil production in the field averages 67,000 barrels per day.

It says in its Interim Management Statement issued Wednesday May 16, 2012 that in 2012 to date, Jubilee field production has averaged approximately 67,000 barrels of oil per day (bopd) and cumulative production to date is now over 33 million barrels and 34 liftings have been completed.

According to Tullow remedial work to rectify well productivity issues has included the sidetracking and installation of an alternative completion design in one of the affected wells and, in parallel, a programme of acid stimulations.

The oil producer added that initial results are encouraging and the remediation programme is expected to continue over the coming months.

Gross production is expected to average between 70,000 and 90,000 bopd in 2012 and field capacity is expected to be reached in early 2013, it says.

By Emmanuel K. Dogbevi

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