Tolmount Area
14 kboepd (2022 production)
Tolmount - 50% operated | Tolmount East - 50% operated
Following start up in April 2022, the Tolmount gas field reached plateau rates of c. 20 kboepd (net to Tedstone Oil) in June 2022 and cash payback in September, less than six months after first production. The field has since come off plateau rates earlier than originally anticipated, resulting in a downward revision of field reserves. Drilling of the Tolmount East development well commenced in the fourth quarter of 2022 and was successfully completed. Tolmount East is expected to be tied into production in 2024. 2023 Tolmount activities include testing of the near field Earn prospect in the second half of the year.
