New Discoveries

Where have explorers hit their latest black gold wells

Tullow hits dry well Ethiopia’s Tultule-1

Tullow Oil plc (Tullow) announces that the Tultule-1 wildcat well in the South Omo block onshore Ethiopia, has reached a total depth of 2,101 metres and will be plugged and abandoned as a dry hole. The well was targeting a reservoir section similar to the sands drilled in the nearby Sabisa-1 well where oil shows were …

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Oil opportunities in Africa

Oil opportunities in Africa By KPMG Africa Africa is presently enjoying an upward growth curve, and part of the reason for this is its large new oil discoveries. The oil industry is a big mover and shaker and so development in this sector could, if done right, mean increased employment, increased foreign skill and capital investment, boosted trade …

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Oryx Petroleum not fruitful in Congo Brazzaville

The Jasper Explorer Drillship spudded the H-1 well targeting the Horse prospect (formerly Ma) in early September and reached a total depth of 5,522 metres in late November. The well was drilled in 1,038 metres of water 80 kilometres offshore Congo (Brazzaville) in the western portion of the Haute Mer A license area. Primary targets were the …

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Statoil makes another high-impact natural gas discovery offshore Tanzania

Statoil and co-venturer ExxonMobil has today announced its fifth discovery in Block 2 offshore Tanzania. The discovery of an additional 2-3 trillion cubic feet (Tcf)* of natural gas in place in the Mronge-1 well brings the total of in-place volumes up to 17-20 Tcf in Block 2. Mronge-1 is drilled by the drillshipDiscoverer Americas, and …

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Bowleven’s oil exploration survey in Kenya’s Block 11B encouraging

Bowleven plc an independent exploration and development company with interest in Kenya and Cameroon has announced that it a survey carried over block 11B shows positive signs. A communication from the company today said it had almost completed the airborne geophysical survey (FTG) over Block 11B is now largely complete and initial findings were that …

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Vanoil Says It May Accept Other Explorers in Rwanda Oil Search

By Bloomberg Vanoil Energy Ltd. (VEL) is discussing with the Rwandan government the option of allowing other companies to help explore the country’s East Kivu Graben Basin as they seek to end a dispute over exploration rights. “It is possible that a settlement or an agreement between the parties might allow other companies to come in, …

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Tullow urges Ugandans to prepare for oil opportunities

Courtesy: The Observer After awarding the first production licence to Cnooc, government expects to award more production licences this time round to Tullow oil early next year. Speaking at the launch of the Tullow Oil Uganda Country Report at Sheraton hotel on Friday, Robert Kasande, the assistant commissioner in the Petroleum Exploration and Production department …

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