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Address: High St, Ingoldmells, Skegness PE25 1PT
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Jubilee Fields Summary
Jubilee Fields is an offshore oil and gas field located in the Western Region of Ghana. The field was discovered in 2007 by Kosmos Energy and Tullow Oil, and it has been in production since 2010. The field is estimated to have reserves of up to 1.8 billion barrels of oil and gas, making it one of the largest oil and gas fields in Africa.
The Jubilee Fields are operated by Tullow Oil, a multinational oil and gas exploration company with headquarters in London, United Kingdom. The field is located 60 km offshore, between the Deepwater Tano and West Cape Three Points blocks off the coast of Ghana. The field is made up of multiple oil production wells, gas injection wells, water injection wells, and the associated subsea infrastructure. The wells are tied back to the Kwame Nkrumah FPSO, which has a processing capacity of 120,000 barrels of oil per day.
- Jubilee Fields is an offshore oil and gas field located in the Western Region of Ghana, discovered in 2007 by Kosmos Energy and Tullow Oil.
- The field is estimated to have reserves of up to 1.8 billion barrels of oil and gas, making it one of the largest oil and gas fields in Africa.
- The field is operated by Tullow Oil, and it has been in production since 2010, with the oil being processed on the Kwame Nkrumah FPSO.
History of Jubilee Fields
Jubilee Fields is an offshore oilfield located approximately 60 km offshore Ghana. The oilfield was discovered in June 2007 by Kosmos Energy and developed by Tullow Oil, with first production achieved on November 28, 2010.
The Jubilee Fields is a unitized deepwater oil development that has been a significant contributor to the Ghanaian economy. The equity partners of the Deepwater Tano block are Tullow with 49.95%, Kosmos with 18%, Oxy with 18%, PetroSA Ghana with 4.05%, and Ghana National Petroleum Corporation (GNPC) with 10%.
Tullow Oil, the lead operator of the Jubilee Fields, is an independent oil and gas exploration and production company founded by Aidan Heavey in 1985 in Tullow, Ireland. The company started as a gas exploration business operating in Senegal and has since grown to become one of the largest independent oil and gas exploration and production companies in Europe.
The Jubilee Fields is one of Tullow Oil’s largest revenue streams. In November 2010, the Jubilee field was brought on to production, in record time, some 40 months after its discovery. A new major discovery was also made at the Enyenra (Owo) and Tweneboa fields in Ghana during the development of the Jubilee field.
The Jubilee Fields has produced over 18 million barrels of oil and undertaken over 180 crude oil offtakes since its inception. It has been a significant contributor to the Ghanaian economy, with oil production at the offshore Jubilee field beginning in 2010 and Ghana seeing a significant increase in output. This was further supplemented by the start of production at the Tweneboa-Enyenra-Ntomme (TEN) field in 2016 and the Offshore Cape Three Points field in 2017.
Jubilee Field is situated in the Western Region of Ghana, approximately 60 kilometres offshore. The field is located between the Deepwater Tano and West Cape Three Points blocks, and covers an area of around 682 square kilometres.
The field’s coordinates are 4.4697° N, 2.2563° W, and it is located in water depths ranging from 1,100 to 1,300 metres.
The Jubilee Field is one of the largest oil fields in West Africa, and is estimated to contain over 600 million barrels of recoverable oil. It is also considered to be a world-class field due to the quality of the oil produced.
The field was discovered in 2007 by Kosmos Energy, and developed by Tullow Oil. Production from the field began in 2010, and has since contributed significantly to Ghana’s economy and energy sector.
Due to its location, the Jubilee Field is susceptible to harsh weather conditions, including strong winds and high waves. As a result, the field’s infrastructure has been designed to withstand these conditions, including the use of floating production storage and offloading (FPSO) vessels.
Overall, the Jubilee Field’s geographical location, while posing challenges, has also been a key factor in its discovery and development, and continues to play an important role in Ghana’s energy industry.
Oil and Gas Exploration
Jubilee Fields is an oil and gas field located offshore Ghana. It was discovered in 2007 by Tullow Oil, a UK-based exploration and production company. The field is estimated to contain up to 1.8 billion barrels of oil and gas equivalent, making it one of the largest discoveries in West Africa in the past decade.
The exploration of the Jubilee Fields involved the use of advanced seismic imaging techniques to map the subsurface geology and identify potential reservoirs. Once the presence of oil and gas was confirmed, drilling rigs were used to extract the hydrocarbons from the reservoirs.
The Jubilee Fields are operated by Tullow Oil in partnership with the Ghana National Petroleum Corporation, Kosmos Energy, Anadarko Petroleum, and Petro SA. The partners have invested heavily in the development of the field, including the construction of a floating production storage and offloading vessel (FPSO) and the installation of subsea infrastructure.
The development of the Jubilee Fields has had a significant impact on the economy of Ghana, providing jobs and generating revenue for the government through taxes and royalties. The production of oil and gas from the field has also helped to reduce Ghana’s dependence on imported energy and has contributed to the country’s energy security.
Overall, the exploration and development of the Jubilee Fields have been a major success story for Tullow Oil and its partners, demonstrating the potential for large-scale oil and gas discoveries in West Africa and the importance of advanced exploration and production techniques in unlocking these resources.
The Jubilee Field has had a significant economic impact on Ghana since its discovery in 2007. The production of oil and gas from the field has contributed to the country’s economic growth and development.
According to a report by the African Development Bank, the Jubilee Field has generated significant revenue for Ghana. The report states that the oil and gas sector accounted for approximately 20% of Ghana’s total government revenue in 2021. The report also notes that the Jubilee Field has created employment opportunities for Ghanaians, both directly and indirectly, through the supply chain and other related industries.
In addition to revenue and employment, the Jubilee Field has also had an impact on Ghana’s trade balance. The production of oil and gas from the field has reduced the country’s dependence on imports of petroleum products, which has helped to improve the trade balance.
However, it is important to note that the Jubilee Field’s economic impact has not been without challenges. The fluctuation of oil prices in the international market has affected the revenue generated from the field. Additionally, the development of the field has had environmental impacts, which have been the subject of ongoing monitoring and mitigation efforts.
Overall, the Jubilee Field has had a significant economic impact on Ghana, contributing to the country’s revenue, employment, and trade balance. While there have been challenges, efforts are being made to address them and ensure that the benefits of the field continue to be realised in a sustainable manner.
The Jubilee Field, located offshore of Ghana, has had a significant environmental impact on the surrounding area. The development of the field required an Environmental Impact Assessment (EIA) to be conducted, which evaluated the potential impact of the project on the environment and local communities.
According to the EIA report, the development of the Jubilee Field has resulted in several environmental impacts, including:
Air pollution: The operation of the field’s machinery and equipment has led to an increase in air pollution in the surrounding area. This has the potential to impact the health of local communities, particularly those living in close proximity to the field.
Water pollution: The discharge of wastewater from the field into the ocean has the potential to negatively impact marine life and the surrounding ecosystem. The EIA report recommended that measures be taken to minimize the impact of wastewater discharge on the environment.
Noise pollution: The operation of the field’s machinery and equipment has also led to an increase in noise pollution in the surrounding area. This can have a negative impact on the health and wellbeing of local communities, particularly those living in close proximity to the field.
To mitigate these environmental impacts, the EIA report recommended several measures, including:
Implementing an Environmental Management Plan (EMP): The Jubilee Field EMP is a component of the Jubilee Joint Venture’s overall Environment Health and Safety Management System (EHSMS). The EMP outlines measures that will be taken to minimize the environmental impact of the project.
Monitoring air and water quality: The EIA report recommended that air and water quality be monitored regularly to ensure that the project is not having a negative impact on the environment.
Implementing noise mitigation measures: The EIA report recommended that measures be taken to mitigate the impact of noise pollution on local communities, including the installation of noise barriers and the use of quieter equipment.
Overall, while the development of the Jubilee Field has had a significant environmental impact on the surrounding area, measures have been taken to minimize this impact. Ongoing monitoring and mitigation measures will be necessary to ensure that the project continues to operate in an environmentally responsible manner.
The Jubilee Field is subject to strict safety measures to ensure the protection of personnel, equipment, and the environment. The safety measures are enforced throughout the lifecycle of the field, from exploration to production and decommissioning.
Safety Critical Elements (SCEs)
Safety Critical Elements (SCEs) are a key component of the safety measures. They are defined as equipment, systems, or procedures that are critical to maintaining the safety of personnel, equipment, and the environment. The SCEs are monitored against Performance Standards during field life, and the Safety Case is updated as the field evolves.
Emergency Response Plan
The Jubilee Field has an Emergency Response Plan (ERP) in place to respond to any incidents or emergencies that may occur. The ERP is regularly reviewed and updated to ensure that it is fit for purpose. The plan includes procedures for responding to oil spills, fire, and other incidents.
Health and Safety Management System
The Health and Safety Management System (HSMS) is another critical component of the safety measures. The HSMS is a comprehensive system that covers all aspects of health and safety, from hazard identification to risk assessment and management. The HSMS is regularly reviewed and updated to ensure that it remains effective.
Training and Competence
Training and competence are essential to ensure that personnel are able to work safely and effectively. The Jubilee Field provides comprehensive training to all personnel, including contractors and subcontractors. The training covers a wide range of topics, including safety procedures, emergency response, and environmental management.
The safety performance of the Jubilee Field is closely monitored and reported. Performance indicators are used to measure the effectiveness of the safety measures, and any issues or incidents are investigated and addressed promptly. The safety performance of the field is regularly reviewed and reported to the relevant stakeholders.
The safety measures in place at the Jubilee Field are designed to ensure that the field operates safely and efficiently, while protecting the environment and the health and safety of personnel. The stringent safety measures are a key factor in the success of the field and its contribution to the Ghanaian economy.
The Jubilee Field offshore Ghana has been a significant contributor to the country’s oil production. With production levels surpassing 100,000 bopd, the field has proved to be a valuable asset for Tullow Oil. As the field enters its next phase of development, there are several future prospects that could further increase its production levels.
One of the most promising prospects is the Mahogany-Teak-Akasa (MTA) development, which is expected to increase the field’s production capacity by 50,000 bopd. The MTA project involves the drilling of additional wells and the installation of new subsea infrastructure. The project is expected to be completed by 2025 and will significantly increase the field’s reserves.
Another potential prospect is the development of the Tweneboa-Enyenra-Ntomme (TEN) fields, which are located adjacent to the Jubilee Field. The TEN fields have estimated reserves of around 240 million barrels of oil equivalent and are expected to produce up to 80,000 bopd. The development of the TEN fields could further enhance the Jubilee Field’s production levels and extend its lifespan.
In addition to these prospects, there are also plans to optimize the existing infrastructure and wells to improve production efficiency. This includes the use of advanced technologies such as artificial lift systems, enhanced oil recovery techniques, and subsea processing equipment.
Overall, the future prospects for the Jubilee Field look promising, with several projects and initiatives in the pipeline that could significantly increase its production levels and extend its lifespan. With continued investment and development, the Jubilee Field is expected to remain a vital contributor to Ghana’s oil production for many years to come.
The Jubilee Oil Field has been a significant discovery in the oil and gas industry, located off the coast of Ghana’s Western Region in the South Atlantic Ocean. Owned by a consortium of Kosmos Energy, Occidental Petroleum and Tullow Oil, the field has been in operation since 2010, producing light sweet crude oil.
The field’s discovery in 2007 led to a shift in exploration efforts towards deep water stratigraphic plays along the conjugate margins of the South Atlantic Ocean. The field’s economic performance has been positive, with a financial and operational analysis indicating a steady growth in production and revenue over the last decade.
Stakeholder engagement processes, including public hearings, have been evaluated as cosmetic and rhetoric, with the view to meeting legal requirements rather than meaningful participation. However, the field has contributed significantly to Ghana’s economy, with the government receiving royalties and taxes from the oil production.
Moving forward, the Jubilee Oil Field will continue to be an important asset for Ghana and the consortium of oil companies. The field’s success has paved the way for further exploration in the region, with other oil and gas discoveries being made in recent years. It is clear that the Jubilee Oil Field will remain a significant player in the global oil and gas industry for years to come.
Frequently Asked Questions
What is the history of Jubilee Partners in Ghana?
Jubilee Partners is a group of companies that came together to develop the Jubilee oil field in Ghana. The partners include Tullow Oil, Kosmos Energy, Anadarko Petroleum, Ghana National Petroleum Corporation, and PetroSA. The Jubilee oil field is located in the Gulf of Guinea, about 60 kilometers off the coast of Ghana. It was discovered in 2007 and production began in December 2010.
What is the significance of the Jubilee and TEN oil fields in Ghana’s economy?
The Jubilee and TEN oil fields are significant to Ghana’s economy because they have the potential to generate significant revenue for the country. Ghana is a developing country and the oil fields offer an opportunity for economic growth and development. The revenue generated from the oil fields can be used to fund infrastructure development, education, healthcare, and other social services.
Which company discovered the Jubilee oil field in Ghana?
The Jubilee oil field was discovered by Kosmos Energy, a US-based oil and gas exploration company. Kosmos Energy discovered the field in 2007 and subsequently formed a partnership with Tullow Oil, Anadarko Petroleum, Ghana National Petroleum Corporation, and PetroSA to develop the field.
What is the production capacity of the Jubilee oil field?
The Jubilee oil field has a production capacity of about 120,000 barrels of oil per day. The field is currently producing at about 90,000 barrels per day.
How many oil fields are currently operational in Ghana?
There are currently three oil fields operational in Ghana. These are the Jubilee, TEN, and Sankofa oil fields.
What is the role of Kosmos Energy in developing Ghana’s oil fields?
Kosmos Energy is one of the partners in the Jubilee and TEN oil fields. The company has played a significant role in the development of Ghana’s oil and gas industry. Kosmos Energy has been involved in the exploration and development of the Jubilee and TEN oil fields, and has also been involved in the development of the country’s gas infrastructure. The company is committed to working with the Ghanaian government and other stakeholders to ensure that the oil and gas resources are developed in a responsible and sustainable manner.