Exploration: News for Oil & Gas and Hydrocarbon Industries  Membership Services Ľ
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

Kenya Oil Find Spurs Interest in New Blocks

Source: Reuters 4/5/2012, Location: Africa

Share |

Kenya has seen a surge of interest for new oil blocks after striking oil last week, Martin Heya, commissioner of petroleum at the ministry of energy, said. The east African country is abuzz with news of its first oil discovery in the dry and dusty northwest town where Africa-focused UK firm Tullow Oil Plc has been exploring. The next step is to determine whether the find is commercially viable. East Africa as well as the Horn of the continent have become a hot spot for oil and gas exploration, spurred by new finds.

"I can assure you the interest is overwhelming," Heya told Reuters during a visit to a Tullow well just outside the small town of Lokicharat in a remote area surrounded by semi desert scrub land. "Big companies like Petrobras , Total , even Apache and others want those very deep water blocks ... I think it's a testimony that there is oil in Kenya." Heya said there were 46 blocks, 30 are already licensed, and 16 others are unlicensed. Of the 16, 13 have expressions of interest, he said. "There are only three which are vacant. And those ones, it's because there is no data. We are putting in place plans to acquire data. We are also acquiring data in one of the (vacant) blocks, L19," he said. Heya added that nine companies had expressed interest in the 13 other blocks.

Tullow Oil and Canada's Africa Oil Corp. each have a 50 percent working interest in Kenya's block 10BB. The well had reached a depth of 1,041 metres at the time of the discovery. Tullow, which has discovered commercial oil deposits in Uganda and Ghana, said trucking equipment to the well and finding skilled manpower was difficult in one of Kenya's poorest areas. "We are only halfway through the well. As we progress towards the target of 2,700 metres," Martin Mbogo, the general manager for Tullow in Kenya, told reporters. Tullow estimates it could spend up to $40 million on the drilling at the Ngamia 1 site. "It may be a matter of months, sometimes years, before you can actually make the determinations that you have a commercial well. However, what we have is very encouraging," Mbogo said.

Exploration News in Kenya >>

Encouraging Gas Shows in Lofin-2 Appraisal Well
  Indonesia >>  3/25/2015 - ∑ Lofin-≠2 is at 4867m MD/4763.5m TVDSS and is in the process of cutting a second core in the Manusela Formation primary objective. ...
Pakistan's OGDCL Announces Oil Discovery at the Palli Deep-1 Well
  Pakistan >>  3/25/2015 - Oil and Gas Development Company Limited (OGDCL) has discovered oil from its exploratory well Palli Deep-1, which is located in District Tando Allah Ya...

Murphy Oil's Urca Well in Block 697 Fails to Encounter Hydrocarbons
  United States >>  3/23/2015 - Murphy Oil Corporation announced the results from its recent exploration drilling program. ...
Austin Forms JV with Drilling Company to Develop Austinís Pierre Shale
  United States >>  3/23/2015 - Pathfinder Prospect, Fremont County, Colorado (100% of 11,5 60 acres) ...

Kangaroo West-1 Exploration Well Reached Total Depth
  Brazil >>  3/20/2015 - Kangaroo West-1 exploration well had reached its planned total depth of 3,170 mRT. Based on mudlog and LWD petrophysical data, no hydrocarbons were in...
Gulfsands Petroleum Provide Corporate Update
Morocco >>  3/20/2015 - Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Morocco, provides the following update on ...



Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Kenya Oil & Gas 1 >>  2 | 3 | 4 |

More News

Oil & Gas Companies in Kenya >>

Related Links

Countries Quick Links

AO BJ CD CG CI CM DZ EG ET GA GH GN GQ KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO TD TN TZ UG ZA ZM
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed