Tullow fails to strike oil in latest Turkana search

Geza Ulole

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Tullow fails to strike oil in latest Turkana search

Saturday October 28 2017


A Tullow Oil exploration rig in Turkana. FILE PHOTO | NMG

In Summary

So far the country has discovered oil reserves estimated at 750 million barrels – which experts say are commercially viable for production and exports.Tullow in May announced it had struck 75 metres of oil in two zones at the Emekuya-1 well in Block 13T of the Lokichar basin, Turkana.Kenya has announced it will resume plans for small-scale oil exports in December after suspending it in June.

By NEVILLE OTUKI

British oil explorer Tullow has reported a barren oil search from its latest drilling expedition in Turkana, ending its success streak for the first time this year.

The firm had struck two fresh oil finds in January and May, something that emboldened it to widen its search and raised prospects of increasing the country’s proven reserves.

So far the country has discovered oil reserves estimated at 750 million barrels – which experts say are commercially viable for production and exports.

“The Araku-1 exploration well in Suriname has been drilled to a total depth of 2,685 metres and penetrated the objectives of the Araku prospect. No significant reservoir quality rocks were encountered although logging and sampling proved the presence of gas condensate,” Tullow said in its update.

“The well is now being plugged and abandoned”, the firm said adding that “geological insights gained from this well offer significant future exploration potential in the Group’s acreage.”

The Araku well was drilled in Block 54 which Tullow Oil operates jointly with partners Statoil and Noble Energy.

Tullow in May announced it had struck 75 metres of oil in two zones at the Emekuya-1 well in Block 13T of the Lokichar basin, Turkana.

The find came four months after the exploration company discovered another 25 metres of oil at Erut-1 well in the same block in January.

Yesterday, however, the firm reported a different experience, “The Araku-1 well was an ambitious wildcat exploration well that was drilled efficiently and at very low cost. While we have not made a commercial discovery, we are encouraged by recovering gas condensate from the well and remain fully committed to exploration in Suriname and Guyana,” Mr Angus McCoss, Tullow’s exploration director said in the statement

Kenya has announced it will resume plans for small-scale oil exports in December after suspending it in June.

The country expects to move between 2,000 and 4,000 barrels of oil daily by trucks to be stored at the defunct Kenya Petroleum Refinery’s storage tanks in Mombasa port city, pending shipment.

Tullow had by June already pumped out and stored 60,000 barrels of crude in Lokichar in readiness for transportation to Mombasa port by trucks.

Tullow fails to strike oil in latest Turkana search
 
Yule mlevi wa chang'aa aliyekuwa anasema mafuta yaliyogunduliwa Kenya ni 1.6barrels umemtag?
 
Yule mlevi wa chang'aa aliyekuwa anasema mafuta yaliyogunduliwa Kenya ni 1.6barrels umemtag?
Tena ushaleta longo kwa hii Uzi baada ya ile nyingine kuwa moto. Kweli msitu mpya lakini nyani ni walewale.

"So far the country has discovered oil reserves estimated at 750 million barrels which experts say are commercially viable for production and exports."

N/B oil reserve- is the amount of crude oil that can be technically recoverable at a financially feasible cost at the present price of oil.

Read and understand the above statements

Sasa hebu tuambie vile commercially viable oil ya Kenya ni 200m barrels
 
Hafadhali umerudi, asubuhi ulipotea ghafla, ulienda wapi?, any way hadi sasa Kenya mafuta yaliyogundulika ni 750 barrels, hiyo ndiyo kitu unachopaswa kujua, hayo mengine hayana maana kwangu
 
Hafadhali umerudi, asubuhi ulipotea ghafla, ulienda wapi?, any way hadi sasa Kenya mafuta yaliyogundulika ni 750 barrels, hiyo ndiyo kitu unachopaswa kujua, hayo mengine hayana maana kwangu
Rudi kwa hio thread ujionee nani kachana mbuga

So now hayana maana, baada ya kujipata na hadithi za vijiweni za sijui 200m barrels recoverable. I'm still wondering, where did you get that isht? Geza?
 
Rudi kwa hio thread ujionee nani kachana mbuga

So now hayana maana, baada ya kujipata na hadithi za vijiweni za sijui 200m barrels recoverable. I'm still wondering, where did you get that isht? Geza?
Kwako wewe minimum ni barrels ngapi ili iwe economically viable, uwezo mdogo wa wakenya katika kufanya deep analysis ya projects ndiko kunakowafanya mjiingize kwenye miradi isiyokuwa na faida, au kufanya miradi kwa kutumia fedha nyingi bila sababu za maana, hamuwezi kupingana na kampuni kubwa duniani la mafuta kama Total huo ni wenda wazimu
 
Kwa hivyo wewe ni Total? Juu sijaskia wakisema only 200m barrels of Kenyan oil is economically viable, Ni wewe tu ndio umekazana nayo. Rather every single one article on Kenyan oil puts its recoverable oil at 750m barrels.

I'm a guy of facts thus inhibited faith and once evidence is given to challenge by position, I follow it gladly. Ukitaka hii argument iishe I got 2 words for you which you've really tried to ignore. "Leta Link
 
Wewe tatizo lako kichwa chako ni kigumu kuelewa, mimi ninachotaka wewe kuthibitisha how much total amount of oil isdiscovered so far, mimi nilikutumia gazeti la The standard ambalo lilisema ni 750 Million, wewe ukaleta yakwako iliyoonyesha ni 1.6billion, nikasema any body hapa kwenye forum aweze kuleta ili kupata mtu wa tatu tulinganishe, Geza ametuma taarifa ya Tullow wenyewe wanasema hadi sasa ni 750Million barrels ndizo zilizogundulika hadi sasa, kwa hiyo mpaka sasa ni 2:1, subiri hadi mkenya mwenzako akitokea kuonyesha taarifa zinazolingana na wewe, ila kwa sasa it stands 2:1

Tukisha kubaliana howmuch oil in total iliyogunduliwa ndiyo tunaweza kuzungumzia habari ya recoverble
 
I think we're done here. Changing goal posts every time you're unable to prove your point is exasperating, not how I converse. Just stick to what you know on this subject, hope it helps you (which I doubt).
 
I think we're done here. Changing goal posts every time you're unable to prove your point is exasperating, not how I converse. Just stick to what you know on this subject, hope it helps you (which I doubt).
Mafuta yenu ni kidogo lazima mkubaliane na hilo, ndiyo sababu hadi leo hakuna bank wala kampuni lolote lilisema litatoa pesa kujenga hilo pipe, kama mngekuwa na mafuta mengi yanayovutia kiuchumi wala msingesumbuka kupata pesa ya kujenga hiyo pipe, muwe mnakubaliana na hali alisi, otherwise Kenya itaendelea kukumbwa na matatizo kwa sababu ya kukataa to face reality
 
And what about confirmed oil deposits?
 
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