Tullow Oil makes new oil discovery in Kenya

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Exploration firm Tullow Oil has made a new oil discovery in Kenya, the fourth consecutive wildcat discovery since 2012.
Wildcat drilling, also known as exploratory drilling usually occurs in areas where potential for oil and gas has not been explored.
Results of drilling, wire line logs and samples of reservoir fluid indicate a potential net oil pay in the Auwerwer and Upper Lokone sandstone reservoirs of between 60 and 100 metres.
Future flow testing aims to confirm productivity from these zones.
“This is the fourth consecutive wildcat discovery, in the first oil basin opened in Northern Kenya, since our drilling commenced in 2012,” said Tullow in a statement.
The Ekales-1 well is located between the Ngamia-1 and Twiga South-1 oil discoveries and the reservoir properties at this location appear similar to those previously encountered.
Once operations have completed the rig will move to drill the exploration prospect Amosing-1 south of Ngamia-1.
Tullow operates the Ekales-1 well and Africa Oil (50 per cent) has a non-operated interest.
Elsewhere, the firm disclosed, the Agete-1 well, also in block 13T, commenced drilling in mid-September and expects a third rig to be operational in Q4 2013. Angus McCoss, Exploration Director, Tullow Oil plc. said this success at the Ekales-1 wildcat is further evidence of the exceptional oil potential of our East African Rift Basin acreage.
“Having opened the first basin with the Ngamia-1 well last year, we are now increasing the pace of exploration in Kenya aiming for 12 wells over the next 12 months,” he added.
So far, the British firm is the only company among those that are licensed for exploration for oil and gas locally that has discovered oil.
In its half-year report, the oil explorer said that local oil deposits, which they estimated to be in excess of 300 million barrels, meet the threshold for commercial exploitation, an indication it could consider starting the production process once the necessary infrastructure such as pipelines is set up.
Industry practices
However, the Ministry of Energy and Petroleum has insisted that oil exploration companies need to drill a certain minimum number of wells, which in most industry practices can be as many as 40 before production can start.

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Babatunde Akinsola
Babatunde Akinsolahttps://naija247news.com
Babatunde Akinsola is aNaija247news' Southwest editor. He's based in Lagos and writes on the Yoruba Nation political issues, news and investigative reports

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