Saturday, 16 February 2013
Thursday, 14 February 2013
Tullow Oil Plc released a set of Kenyan well test results yesterday which it said showed promise of commercial viability.
Tullow, said results from its Twiga South-1 well showed "the first potentially commercial flow rates achieved in Kenya."
The London-listed company has operations in several African countries but investors see its Kenyan drilling as particularly important.
Four flow tests were carried out on Twiga South-1 in January and early February and a fifth test is ongoing, Tullow said, predicting a total combined flow rate of over 2,850 barrels of oil per day for the well in western Kenya.
The tests also provide "real encouragement" for Ngamia, another Tullow prospect in Kenya's Rift Basin, the company said.
The rig that was drilling at Twiga South-1 will now move to Ngamia-1A to re-enter the well there and perform four flow tests.
Tullow said these tests are expected to deliver rates similar to Twiga South-1.
To temper expectations Tullow said it will require considerably more exploration and appraisal before the commercial threshold for the basin is achieved.
Another keenly-watched prospect in its Kenya-Ethiopia portfolio, the Paipai-1 well, encountered "difficult hole conditions" Tullow said. It hopes to draw some conclusions on it by the end of February.
Africa Oil is a partner at Twiga South-1 and Afren Plc is a partner at PaiPai.
Monday, 4 February 2013
Tullow Oil has discovered deposits of natural gas at its Paipai 1 well in northern Kenya, whose drilling began 2 months ago and is set to be completed in a month's time.
The deposits were struck at 4,100 metres, less than a kilometre to the target depth of 4,900 metres at the Pai Pai 1 well in Block 10 A. The block is half owned by Tullow, 30 per cent by Africa Oil and the remaining 20% by Afren Plc. This news was divulged by a official who did not want to be named due to the confidential nature of the process.
In Kenya Tullow Oil continues to drill and test the following wells Twiga 1 , Ngamia 1 well, while other companies continue to drill in the Mbawa offshore block for natural gas and oil prospects off the coast of Lamu.
On the 13th of January 2013 Tullow oil also began drilling their Sabisa 1 well in the South Omo Block in Southern Ethiopia, which they co own 50/50 with Africa Oil Corp. The primary goal of this well is to prove that the petroleum system to the north of the Lokichar basin, in northern Kenya where Twiga 1 and Ngamia 1 wells lie, extends North into Ethiopia.
Kenya in collaboration with Western partner organisations is working on laws for the exploration, production, logistics and monetization of natural gas. Natural gas terms are not explicitly stated in the current energy laws and regulations.