Alama ReportGhana
Ghana · From Edition № 003 · Energy, oil & gas

Ghana Jubilee oil output rises 17% to 84,500 barrels a day

17%

Oil production at Ghana's Jubilee field averaged about 84,500 barrels a day gross in the third quarter of 2026, about 17% more than in the second quarter, after a drilling campaign that added seven wells, partner Kosmos Energy said on November 2. The TEN fields averaged about 14,600 barrels a day, Kosmos said.

Analysis: The new wells lifted output, according to Kosmos, which also cited gas lift and high uptime of the production vessel. Together, Jubilee and TEN averaged about 99,100 barrels a day, by our calculation, close to the 102,199 that all three producing areas, including Sankofa, averaged across 2025, according to state oil company GNPC. Oil service firms face a gap until the next campaign of up to 10 wells starts in mid-2027. Meanwhile, the TEN production vessel passes to the partners in the first quarter of 2027. The 2027 budget, due on November 12, should show how much oil revenue the government expects from this output.

Source: Kosmos Energy, Kosmos Energy, 'Kosmos Energy Announces Third Quarter 2026 Results' (November 2, 2026), Q3 2026 and 2027/28 and 2025/26; Ghana National Petroleum Corporation, GNPC press release: GNPC records US$1.64bn revenue (2025 results), 2025; Ghana News Agency, GNPC Deputy CEO at PIAC workshop (via GNA), September 2026

Every figure comes from the official source named under it. Spotted an error? Write to info@alamareport.com; corrections run in the next issue.

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