Irish operator Tullow Oil, anticipates working interest production to surge from an average of 58,100 BOEPD in 2010, to between 86,000 and 92,000 BOEPD in 2011. Production had dropped to an 58,300BOEPD average in 2009, from 66,600BOEPD in 2008. The expected 48% uptake, in 2011, is thus bucking a three year downward/flattening trend. Much of the anticipated increase, of course, is coming from Jubilee, the newly commissioned deepwater oil field offshore Ghana.
Jubilee started up at 50,000BOPD at the end of November 2010. It is expected to ramp up to 120,000BOPD by June 2012.
