2021 Full Year Results
Catalysts to unlock value
Jubilee: Stable gas supply and tangible benefits
Realising value from Kenya
•
Delivering >100mmscfd, c.30% of Ghana thermal power generation
•
585 million bbls net 2C resource life of field
·
Expect to fulfil Foundation Gas (200BCF) by YE22, yielding >$2bn to Ghana
•
120 kbopd plateau production
•
c.$3.4 billion gross project capex to first oil
• GSA discussions underway to deliver an additional 500BCF
•
TEN: Commercially advantaged gas
Material resource with access to existing processing and pipeline infrastructure
•
Supports Jubilee and TEN export potential of up to 240mmscfd
•
Multiple commercial options with direct access to growing demand
Strong collaboration with Government and Partners to realise potential
Prestea
N<<
↑
FPSO
⑲Gas Processing Plant
Tullow Operated
TEN
CDI
GHANA
Export potential
150 mmscf/d
CDI
Nameplate
150 mmscf/d
Operating
135 mmscf/d
Atuabo
225-240 mmscf/d
Jubilee
Export potential
150 mmscf/d
405 mmscf/d
Ghana
405
mmscf/d
Takoradi
Takoradi
(Western
Gas Corridor)
Sankofa
Export potential
210 mmscf/d
225 mmscf/d
50km
·
170 kbbls economic threshold for small oil pools
Significant exploration upside
TULLOW
On €
FDP submitted in December 2021,
constructive discussions with Government
ESIA approved by the National
Environmental Management Agency (NEMA)
Active engagement with potential
strategic partners
Tullow Oil plc | 2021 Full Year Results
Slide 25View entire presentation