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Jubilee

ProducingCrude output (bbl/yr): 31,849,046 bbl
OverviewProductionDetails
Snapshot
31,849,046 bbl
Crude output (bbl/yr)
+66%
Share of national
Overview

Crude output (bbl/yr): 31,849,046 bbl. Status: Producing.

Production history
20232024
Key facts
Crude output (bbl/yr)31,849,046 bbl
Output year2,024
Share of national+66%
OperatorTullow Oil
PartnersTullow Oil 38.98% (operator), Kosmos Energy 38.61%, GNPC 19.69%, PetroSA 2.72%
StatusProducing
First oil2,010
Basin / blockTano Basin (West Cape Three Points / Deepwater Tano), offshore Western Region

Jubilee is Ghana’s largest and oldest producing oil field, operated by Tullow Oil offshore the Western Region. It produced 31,849,046 barrels of crude in 2024, about 66 percent of national output, according to the Public Interest and Accountability Committee (PIAC). First oil was in December 2010.

In June 2025 the Government of Ghana and the field’s partners agreed to extend the West Cape Three Points and Deepwater Tano licences to 31 December 2040, and Parliament ratified the extension in February 2026. Tullow has a six-well drilling programme on Jubilee in 2026 (five producers and one water injector) under an approved Greater Jubilee Plan of Further Development.

Who operates Jubilee field?

Tullow Oil operates Jubilee with a 38.98 percent interest. Its partners are Kosmos Energy (38.61 percent), the Ghana National Petroleum Corporation (19.69 percent) and PetroSA (2.72 percent), per Tullow’s operations disclosures.

How much oil does Jubilee produce?

Jubilee produced 31,849,046 barrels in 2024, up from 30,444,217 barrels in 2023, making it Ghana’s largest producing field at about 66 percent of national crude output (PIAC 2024 Annual Report).