Tullow Oil Company on Thursday announced an oil discovery at the Etom 1
exploration well that it said extended the already proven South Lokichar
basin “significantly northwards” FILE PHOTO |
NATION MEDIA GROUP
Tullow Oil Company on
Thursday announced a discovery of oil at the Etom 1 exploration well
that it said extended the already proven South Lokichar basin
“significantly northwards”.
Tullow
said in a statement that the well, drilled 6.5 kilometres north of the
previous Agete-1 discovery, had an estimated 10 metres of net oil pay.
The discovery is the northernmost to date in the South Lokichar basin, Tullow said.
It
said that following the success of the South Lokichar basin, the site
would be extended to cover a further 247 square kilometres in this
northern area.
APPRAISAL WELLS
The
company said appraisal wells in the Ngamia 3 field encountered 150
metres of net oil pay in both the Auwerwer and Lokone reservoirs, while
the one at Amosing 1 encountered up to 30 metres net oil pay.
“Continued
success in appraisal of the Ngamia and Amosing fields reinforces our
belief that the South Lokichar basin holds very considerable potential
which we hope to replicate in additional basins,“ said Angus McCoss,
Tullow’s exploration director.
He said opening tests in the neighbouring Kerio basin would start in September.
“The
next basin-opening test will be in the neighbouring Kerio Basin, with
the Kodos-1 well expected to spud in early September," said Mr McCoss.
In
the oil and gas industry, "net oil pay" is the thickness of a rock that
can deliver hydrocarbons to the well bore at a profitable rate.
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