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Monday 4 February 2013

Tullow Oil discovers gas deposits at well in Northern Kenya


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.

1 comment:

  1. Tullow Oil sees profits increase in 2012 RTE.ie
    http://www.directorstalk.com/?s=tullow
    Tullow Oil writes off $671m – Irish Times
    Tullow Oil plc Rallies On Results – Motley Fool UK
    Tullow Oil rises despite £428m writedown
    Tullow Oil commits $2bn to capex Financial Times
    Fuel Fix » Tullow CEO says

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