Tullow Oil Plc announced in a press release oil discoveries at the Amosing-1 and Ewoi-1 exploration wells in Block 10BB onshore northern Kenya. As a result of these latest successes and recently reported discoveries at Ekales-1 and Agete-1, Tullow has updated its estimate of discovered resources in this basin to more than 600 MMbbl of oil. Tullow said it believes that the overall potential for the basin, which will be fully assessed over the next two years through a program of exploration and appraisal wells, is in excess of 1 Bbbl of oil.
Based on results of drilling, wireline logs, and samples of reservoir fluid, the Amosing-1 well has intersected net oil pay of between 160 m and 200 m (525 ft and 656 ft), exceeding Tullow’s predrill expectations, the company said. The Ewoi-1 well has encountered net pay of 20 m to 80 m (66 ft to 262 ft) and has continued to derisk the basin flank play opened up by the Etuko-1 well in 2013.
Following completion of logging operations, the wells will be suspended for future flow testing to confirm the net pay counts. The rigs will then move to drill the Emong-1 well, adjacent to the Ngamia field, and the Twiga South-2 appraisal well, both in Block 13T. The partnership has elected not to continue into the next exploration phase in Block 10A in Kenya, according to the release.
Given the significant volumes discovered and the extensive exploration and appraisal program planned to fully assess the upside potential of the basin, Tullow and its partners have agreed with the government of Kenya to commence development studies. In addition, the partnership is involved in a comprehensive pre-FEED study of the export pipeline, according to the release. The current ambition of the government of Kenya and the joint venture partnership is to reach project sanction for development, including an export pipeline, in the period 2015 to 2016.
Tullow operates both the Amosing-1 and Ewoi-1 wells with a 50% interest, and Africa Oil has a 50% nonoperated interest.
Recommended Reading
More Players, More Dry Powder—So Where are the Deals?
2025-03-24 - Bankers are back and ready to invest in the oil and gas space, but assets for sale remain few and far between, lenders say.
Artificial Lift Firm Flowco’s Stock Surges 23% in First-Day Trading
2025-01-22 - Shares for artificial lift specialist Flowco Holdings spiked 23% in their first day of trading. Flowco CEO Joe Bob Edwards told Hart Energy that the durability of artificial lift and production optimization stands out in the OFS space.
What's Affecting Oil Prices This Week? (Feb. 3, 2025)
2025-02-03 - The Trump administration announced a 10% tariff on Canadian crude exports, but Stratas Advisors does not think the tariffs will have any material impact on Canadian oil production or exports to the U.S.
Utica Oil’s Infinity IPO Values its Play at $48,000 per Boe/d
2025-01-30 - Private-equity-backed Infinity Natural Resources’ IPO pricing on Jan. 30 gives a first look into market valuation for Ohio’s new tight-oil Utica play. Public trading is to begin the morning of Jan. 31.
Italy's Intesa Sanpaolo Adds to List of Banks Shunning Papua LNG Project
2025-02-13 - Italy's largest banking group, Intesa Sanpaolo, is the latest in a list of banks unwilling to finance a $10 billion LNG project in Papua New Guinea being developed by France's TotalEnergies, Australia's Santos and the U.S.' Exxon Mobil.