Managing Director of Tullow Ghana says, Tullow Ghana is targeting to increase its production from the current 147, 000 barrels to 180,000 in 2019.
Kweku Awotwi, told media that by the first quarter of 2019, the company is expected to complete the repair works on the turret bearing on the Jubilee FPSO a strong indication of meeting the 180,000 barrels target.
Managing Director of the company disclosed in Accra at an end of year media engagement. He said, drilling program of the “company is targeting major growth production from around 147, 000 barrels 2018 to just over 180, 000 in 2019.
He said the company has recognized other potentials which could lead to new discoveries in Ghana.
He said, “Undrilled prospects and leads have been identified within the Jubilee and TEN fields which could lead to new discoveries and the generation of additional production and revenue for the country and other joint venture partners.”
Tullow Ghana has committed $10 million in the meantime, to support infrastructure for the free senior high school program.
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