Tullow Oil has discovered high quality  oil reservoirs at its Etom-2 well  in South Lokichar, boosting the firm’s business outlook and Kenya’s oil potential.

In a statement yesterday, the company said it had encountered 102 metres of net oil pay in two columns in the Etom-2 well in Block 13T located in Northern Kenya.

“We are delighted with the Etom-2 well which encountered over 100 metres of net oil play in the best reservoirs in the basin so far. Discovering this thick interval of high quality oil reservoirs further underpins our development options and resource base,” said Tullow Oil Plc’s exploration director Angus McCoss.

Tullow has completed the Ngamia extended well test in Block 10BB which produced about 38,000 barrels of oil. The five completed zones of Ngamia-8 were tested at a combined rate of 2,400 barrels of oil a day and all except the lowest zone produced oil naturally.

Tullow operates Blocks 13T and 10BB which co-owns on a 50-50 scale with Africa Oil Corporation.

“We will review the potential of the greater Etom area and the neighbouring prospects to decide on our forward programme,” said McCoss.

Tullow said it dug the Etom-2 well to a final depth of 1,655 metres during the tests. Oil samples and tests done at the block, the company added,indicated the presence of “high API oil, in the best quality reservoir encountered in the South Lokichar Basin to date”.

Advertisements