Tullow announces fresh oil, gas deposits

An oil rig at Ngamia 1 . PHOTO | JARED NYATAYA | FILE 

In Summary

• The two discoveries, which come just a week after Australia’s Pancontinental Oil and Gas NL discovered oil in the Lamu Basin, collectively inch Kenya close to commercial production of both oil and gas.
• Tullow Oil is enjoying admirable success with its drilling program in northern Kenya, having already discovered oil at six other sites before the latest one at Ngamia-2.
• Africa Oil, which has also in the past announced oil finds, Tuesday announced that, after drilling to a total of 3,030 metres in the Sala-1 site, it had discovered an area of interest of 1,000 metres.

By MUGAMBI MUTEGI
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British exploration firm Tullow Oil has discovered oil and natural gas deposits even as its Canadian partner Africa Oil also announced that it had discovered gas at another site in northern Kenya.

 

Tullow has discovered 39 metres of net oil pay and 11 metres of net gas pay at Ngamia-2 well which is 1.7 kilometres away from the Ngamia-1, the site of the country’s maiden find in early 2012.

Africa Oil, on the other hand, has discovered gas deposits in a 1,000 metre range at the Sala-1 site, adding that it will commence tests to ascertain the exact deposit amount and its viability.

The two discoveries, which come just a week after Australia’s Pancontinental Oil and Gas NL discovered oil in the Lamu Basin, collectively inch Kenya close to commercial production of both oil and gas.

“The success of the Ngamia-2 exploratory appraisal well builds on our major basin opening discovery well, Ngamia-1,” said Angus McCoss, the exploration director for Tullow Oil plc.

CLICK HERE to read the full report in the Business Daily.