9th of December 2018

Tailwind Energy Confirms First Oil from Gannet E Field

Tailwind Energy Ltd. is pleased to announce first oil from the 100% owned Gannet E redevelopment to the Triton FPSO.  The subsea tieback project was completed in September 2018 with first oil delivered on budget and on schedule. All three wells are producing higher than expectation providing a combined rate of ca.10kbbl/d.  Across its portfolio, Tailwind will exit the year producing in excess of 20kbbl/d net to the company. The field is operated by Tailwind with Dana as the pipeline & facility operator and Petrofac as the well operator.  Gannet E further establishes Tailwind’s portfolio of producing fields and demonstrates the company’s ability to successfully bring new reserves online.

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