Tullow sees lower output in 1Q, lowers forecast range for 2019

Oil and gas company Tullow Oil’s output during the first quarter of the year was below expectations due to issues on its operated fields located offshore Ghana. As a result, Tullow has lowered its 2019 production forecast range.

In an operational update on Thursday Tullow said that its working interest production for the first quarter of 2019 averaged 84,600 bopd, including production-equivalent insurance payments.

According to the company, this performance was below expectations due to gas compression constraints on the Jubilee field during February and a delay in completing the Enyenra-10 production well at the TEN field.

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