Partners at Tweneboa Enyera Ntomme (TEN) oil fields will from August 18 start working to export crude from the field possibly the end of this month.

This will be done after President John Mahama turns the tap on the FPSO John Evans Attah Mills on the TEN fields tomorrow.

The partners are hoping to increase initial production to about 23,000 barrels of oil a day and increase it to about 50,000 barrels a day by the end of this year.

Sources close to the partners say the necessary test runs has been done to ensure that there are no challenges when full production starts officially from tomorrow.

However, the much-expected gas export that was supposed to come on to help improve power production for Ghana, might take up to 12 months or even less.

This is because the partners are looking at using the initial gas from the field to help the extraction of crude oil from the TEN fields.

The start of production at TEN could increase the total daily production from the country’s oil fields to about 110,000 barrels of crude oil, however, that number could increase to about, about 150,000 by the close of this year

Partners at Tweneboa Enyera Ntomme (TEN) oil fields will from August 18 start working to export crude from the field possibly the end of this month.

This will be done after President John Mahama turns the tap on the FPSO John Evans Attah Mills on the TEN fields tomorrow.

The partners are hoping to increase initial production to about 23,000 barrels of oil a day and increase it to about 50,000 barrels a day by the end of this year.

Sources close to the partners say the necessary test runs has been done to ensure that there are no challenges when full production starts officially from tomorrow.

However, the much-expected gas export that was supposed to come on to help improve power production for Ghana, might take up to 12 months or even less.

This is because the partners are looking at using the initial gas from the field to help the extraction of crude oil from the TEN fields.

The start of production at TEN could increase the total daily production from the country’s oil fields to about 110,000 barrels of crude oil, however, that number could increase to about, about 150,000 by the close of this year

Joy Business understand that TEN coming on board could pave the way, the necessary works to be carried out on Jubilee FSPO which has been having some problems in recent times.

The TEN partners which is made up of Tullow with 47.18 percent , Kosmos Energy with 17 percent , Anadarko Petroleum, 17 percent, Ghana National Petroleum Corporation (GNPC) with 15 percent and PetroSA has 3.81 percent have all invested about $4 billion into the development of this project.

TEN is expected to produce about 300 million barrels of oil equivalent (mmboe) over its lifetime (approximately 20 years), 80 percent of which is oil and 20 percent gas.

The field will produce 80,000 barrels of oil per day when it reaches full production.

The TEN full field developments will consist of around 24 wells in total – a mixture of water injection, gas injection and production wells.

At start-up, 10 wells will be required and these have already been drilled. A floating, production, storage and offloading vessel (FPSO) has been anchored over the fields with a significant amount of subsea production equipment installed on the seabed.

Flow lines connect the subsea equipment to the FPSO and carry fluids and hydrocarbons to and from the vessel.

The project derives its name from the three fields, Tweneboa, Enyenra and Ntomme (TEN), which lie around 60 kilometers off the coast of the Western Region, Ghana.

source:myjoyonline