Business

Resource Centre » Business » Ghana’s oil production falls by more than 17 per cent – PIAC

Ghana’s oil production falls by more than 17 per cent – PIAC


Ghana’s oil production falls by more than 17 per cent – PIAC

May 10, 2022 at 10:42 AM

Crude oil production in the country declined by 17.7 per cent s from 66.93 million barrels (bbls) in 2020 to 55.06 million bbls in 2021.

A report released by the Public Interest and Accountability Committee (PIAC) cited flow assurance issues, inadequate pressure support for the Ntomme field, challenges in water injection on the Enyenra Field, and increasing gas-oil ratio in the Ntomme field, as some of the factors for the decline in the period under review.

The production from the Tweneboa-Enyenra-Ntomme (TEN) declined by 32.7 per cent from 17,802,536 bbls in 2020 to 11,978,064 bbls in 2021.

Learn more


Advantage Points