Tullow Oil workers at a drilling rig in Turkana. PHOTO | FILE
By GEOFFREY IRUNGU, girungu@ke.nationmedia.com
In Summary
- The drilling for various prospects within Block 11A is supposed to be done this year, with the possibility of establishing the depth of oil available at each.
- “The rig is being mobilised to the drill site where concreting work and installation of conductors have already been completed. The contracting parties have completed over 80 kilometres (50 miles) of access road.”
US exploration firm ERHC Energy has estimated
prospective oil resources in its northern Kenya-based Block 11A at 662
million barrels.
ERHC Turkana amount is slightly below the 800 million
barrels recently reported as estimate by Swala Energy for hydrocarbons
in the Nyanza basin. Both prospects are yet to be drilled to confirm the
oil depth.
“Mean unrisked prospective resources of all
prospects and leads in Block 11A totals 662 million barrels,” said ERHC
in its latest update.
The company further reports that Tarach-1, one of
the prospects within the block, is estimated to have 66 million barrels
of what it calls “unrisked” or overall oil resources.
Done this year
The drilling for various prospects within Block 11A
is supposed to be done this year, with the possibility of establishing
the depth of oil available at each.
The well is to be drilled up to 3,000 metres.
“The Tarach-1 well is designed to drill from a
20-inch surface casing through intermediate casings down to 2,442 metres
and set a seven-inch liner down to total depth (TD) of 3,000 metres,”
said the statement.
“The rig is being mobilised to the drill site where
concreting work and installation of conductors have already been
completed. The contracting parties have completed over 80 kilometres (50
miles) of access road.”
ERHC owns 35 per cent stake in the block with 55
per cent owned by Spanish-owned CEPSA Kenya, which is also the operator
of the exploration sites. The other 10 per cent is owned by the Kenyan
government. Initially ERHC owned 90 per cent but farmed out the 55 per
cent to CEPSA a few years ago.
Also read: Kenya widens focus on Lokichar oil exploration blocks
ERHC also has gas and oil assets in other sub-Saharan African countries including Chad and Guinea.
Exploration firms working in Kenya’s various
prospects have slowed down in the past year following the fall in the
global oil price. Many have been selling stakes or raising capital
through their home stock markets as they struggle to survive. Recently,
Atlas Development, which is listed on the Nairobi Securities Exchange,
closed down Kenyan operations because of what it said were debts owed by
oil exploration firms
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