{"id":4498,"date":"2016-03-16T18:30:06","date_gmt":"2016-03-16T18:30:06","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=4498"},"modified":"2017-01-25T11:00:45","modified_gmt":"2017-01-25T11:00:45","slug":"tullow-oil-expresses-optimism-despite-disappointment-at-cheptuket","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/tullow-oil-expresses-optimism-despite-disappointment-at-cheptuket\/","title":{"rendered":"Tullow Oil Expresses Optimism Despite Disappointment at Cheptuket"},"content":{"rendered":"

Tullow Oil has said despite the Cheptuket well discovering oil it was pleasing that the company established a petroleum system in the unexplored Kerio basin the first by the company outside the South Lokichar basin.<\/p>\n

According to Tullow\u2019s CEO Aidan Heavey in the company update the exploration company identified 700 meters of oil shows in cuttings and rotary sidewall cores.<\/p>\n

Cheptuket-1 well the first well to test the Kerio Valley Basin reached a final depth of 3,083 metres by the PR Marriott Rig-46.<\/p>\n

\u201cThis is the most significant well result to date in Kenya outside the South Lokichar basin. Encountering strong oil shows across such a large interval is very encouraging indeed,\u201d Aidan said in a statement<\/p>\n

Post-well analysis is in progress ahead of defining the future exploration programme in the basin.<\/p>\n

\u201cI am delighted by this wildcat well result and the team is already working on our follow-up exploration plans for the Kerio Valley Basin, \u201dHe added.<\/p>\n

\u201cWe are pleased with the encouraging results of the first well in the Kerio Valley basin. We will be working closely with our Joint Venture partners and the Kenyan government to define the follow-up exploration plans,\u201d\u00a0David Ginger, Executive Director \u2013 Exploration and Subsurface at Delonex Energy, commented,<\/p>\n

And in a response to OilNews Kenya article last week that had already reported of the lack of a discovery citing an anonymous source the company through its head of communication George Cazenove pointed out an error in reporting by our website terming the result encouraging.<\/p>\n

\u201cWhile you have correctly stated on twitter that this well result cannot be classified as a discovery, this is nonetheless a very significant result. To drill through 700m of oil bearing rock is very encouraging as it shows that there is a substantial petroleum system in place. Cheptuket is, therefore, by far, the best result we have had outside the South Lokichar basin,\u201d he said in an email to our newsroom.<\/p>\n

Today\u2019s announcement despite encouraging to the operator however leaves contractors and employed locals in the block hopeful that despite the lack of indications of further activity by the update drilling of other prospects planned will commence soon.<\/p>\n

Tullow Oil \u00a0has this year indicated that it will concentrate on seismic<\/a> and pre-development having further slashed<\/a> its budget to just $100 million and $150 million respectively.<\/p>\n

Tullow operates Block 12A with 40% equity and is partnered by Delonex Energy with 40% and Africa Oil Corporation with 20%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tullow Oil has said despite the Cheptuket well discovering oil it was pleasing that the company established a petroleum system in the unexplored Kerio basin the first by the company … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":4499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[70,264,2814,4464,4465,1252,1298,3784,2068,4216,2272,2378,2571],"class_list":["post-4498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-africa-oil","tag-block-12a","tag-cheptuket-well","tag-david-ginger","tag-delonex","tag-kenya","tag-kerio-valley","tag-maersk-oil","tag-pr-marriott-rig-46","tag-pre-development","tag-seismic","tag-south-lokichar-basin","tag-tullow-oil","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/03\/Cheptuket-1-well.jpg?fit=699%2C466&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1ay","jetpack-related-posts":[{"id":4272,"url":"https:\/\/www.oilnewskenya.com\/index.php\/cheptuket-1-well-in-kenyas-block-12a-on-course-to-complete-in-february\/","url_meta":{"origin":4498,"position":0},"title":"Cheptuket-1 Well in Kenya\u2019s Block 12A on course to complete in February","author":"","date":"January 20, 2016","format":false,"excerpt":"Block 12A basin opener Cheptuket well is still on its drilling schedule and is set to complete in February according to block operator Tullow Oil in its last update. The well that commenced drilling on 28th December 2014 by the PR Marriott Rig-46 is expected to test a basin bounding\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/07\/Mariott-Rig-with-watermark.jpg?fit=900%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/07\/Mariott-Rig-with-watermark.jpg?fit=900%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/07\/Mariott-Rig-with-watermark.jpg?fit=900%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/07\/Mariott-Rig-with-watermark.jpg?fit=900%2C1200&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":4468,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tullow-oil-hits-dry-well-in-cheptuket-well-in-block-12a-source\/","url_meta":{"origin":4498,"position":1},"title":"Tullow Oil Hits Dry Well in Cheptuket Well in Block 12A \u2013 Source","author":"","date":"March 11, 2016","format":false,"excerpt":"Three months after the drilling of the wildcat well in block 12A commenced OilNews Kenya has learnt from a source who chose to be anonymous that the well has since been completed with no significant hydrocarbon shows. The well which spud on December 28th 2015 by the PR Marriott Rig-46\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/07\/Mariott-Rig-with-watermark.jpg?fit=900%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/07\/Mariott-Rig-with-watermark.jpg?fit=900%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/07\/Mariott-Rig-with-watermark.jpg?fit=900%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/07\/Mariott-Rig-with-watermark.jpg?fit=900%2C1200&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":3958,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tullow-oil-block-kenyas-12a-basin-opener-drilling-pushed-to-q1-2016\/","url_meta":{"origin":4498,"position":2},"title":"Tullow Oil Pushes Kenya\u2019s Block 12A Basin Opener Drilling to Q1 2016","author":"","date":"October 29, 2015","format":false,"excerpt":"Block 12A basin opener Cheptuket exploration well earlier set to start drilling in October 2015 has been pushed forward to 2016 according to block operator Tullow Oil. The well which will test \u00a0test a basin bounding structural closure in the Kerio Valley Basin in a similar structural setting to the\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/03\/tullow-update.jpg?fit=456%2C600&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4242,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tullow-oil-slashes-east-africa-exploration-budget-focuses-on-pre-development-stage\/","url_meta":{"origin":4498,"position":3},"title":"Tullow Oil Slashes East Africa Exploration Budget Focuses on Pre-Development Stage","author":"","date":"January 13, 2016","format":false,"excerpt":"Tullow Oil has slashed its exploration and appraisal budget by 50 percent compared to 2015 to just $100 million as the company allocated $150 million to pre-development expenditure. The reduction is an overall cut in the group\u2019s capital expenditure associated with operating activities which has reduced from $1.7 billion in\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/Tullow-Oil.jpg?fit=699%2C466&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/Tullow-Oil.jpg?fit=699%2C466&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/Tullow-Oil.jpg?fit=699%2C466&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":4092,"url":"https:\/\/www.oilnewskenya.com\/index.php\/emesek-1-exploration-well-in-kenyas-north-turkana-basin-disappoints\/","url_meta":{"origin":4498,"position":4},"title":"Emesek-1 exploration well in Kenya\u2019s North Turkana basin Disappoints","author":"","date":"November 17, 2015","format":false,"excerpt":"The Emesek-1 exploration well also known as the Tausi prospect located in the North Turkana basin\u00a0in Block 13T failed to encounter any oil and will be plugged and abandoned. The Emesek-1 well which was also the\u00a0North Turkana basin opener spud in mid-October drilled to a depth of 3000 meters did\u2026","rel":"","context":"In "New Discoveries"","block_context":{"text":"New Discoveries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/new-discoveries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/11\/Block-10BB-13T.png?fit=361%2C351&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4157,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tullow-oil-partners-plan-up-to-four-basin-openers-in-northern-kenya-next-year\/","url_meta":{"origin":4498,"position":5},"title":"Tullow Oil, Partners plan up to four basin openers in Northern Kenya next year","author":"","date":"December 2, 2015","format":false,"excerpt":"Block 10BB and 13T operator Tullow Oil together with JV partner\u00a0Maersk Oil and\u00a0Africa Oil will drill up to four new basin openers in the South Lokichar and the Turkana Lake Basin\u2019 in 2016 according to a\u00a0presentation by the latter to investors. 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