Operations
Tullow Oil plc is one of the largest independent oil and gas exploration and production companies in Europe. The Group is entering its next phase of growth with a major focus on Africa and the Atlantic Margins basin, where Tullow is already a dominant player following exploration success in Ghana, French Guiana, Uganda and Kenya.
Tullow has a large portfolio of exploration and production assets with a focus on balanced long-term growth. The Group has interests in over 150 licences across more than 20 countries, producing from a total of 67 fields. In 2012, average working interest production was 79,200 boepd, generating sales revenue of $2.3bn with capital expenditure of around $1.9bn. The majority of spend was again focused on Africa and Atlantic Margins operations ensuring the world-class projects in Ghana and Uganda and exploration activity in Kenya, Ethiopia and West Africa and South America continue to deliver future growth.
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