ReleaseWire

Ghana Oil and Gas Report Q3 2013

Posted: Thursday, August 01, 2013 at 10:06 AM CDT

Naperville, IL -- (SBWire) -- 08/01/2013 --Reportstack, provider of premium market research reports announces the addition of Ghana Oil and Gas Report Q3 2013 market report to its offering
With initial output problems at the Jubilee field now largely resolved, the outlook for Ghana's
nascent status as an oil producer remains bright. Jubilee is expected to reach peak output in 2013, and
anticipated first oil from the TEN project underlies our forecast for output gains. Although a number of
discoveries remain under appraisal, the absence of a strong project pipeline means output will begin to slip
at the end our forecast period. Delays to a project to capture associated gas from Jubilee are a cause for
significant concern.
The main trends and developments we highlight for Ghana's oil and gas sector are:
? After troubled start-up, output from the Tullow Oil-operated Jubilee field is on track to reach the target
production rate of 120,000 barrels per day (b/d) in 2013. With the firm reporting output at the time of
writing around 110,000b/d, this should help stabilise Ghana's output over the coming years, alongside
new production from the Tweneboa/Enyenra/Ntomme (TEN) discovery which is awaiting regulatory
approval.

To view the table of contents for this market research report please visit
http://www.reportstack.com/product/138450/ghana-oil-and-gas-report-q3-2013.html

Contact:
Roger Campbell
contactus@reportstack.com
Naperville
Illinois
United States
Ph: 888-789-6604
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