Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
According to Tullow Executive Director of Exploration Angus Mccoss, the Cheptuket-1 well in Block 12A has encountered good oil shows, seen in cuttings and rotary sidewall cores across an interval of over 700 metres/FILE

Kenya

Tullow finds promising oil well in Kerio Valley basin

According to Tullow Executive Director of Exploration Angus Mccoss, the Cheptuket-1 well in Block 12A has encountered good oil shows, seen in cuttings and rotary sidewall cores across an interval of over 700 metres/FILE

According to Tullow Executive Director of Exploration Angus Mccoss, the Cheptuket-1 well in Block 12A has encountered good oil shows, seen in cuttings and rotary sidewall cores across an interval of over 700 metres/FILE

NAIROBI, Kenya, Mar 16 – Tullow Oil has discovered yet another well in Kerio Valley basin which they say has potential of producing oil.

According to Tullow Executive Director of Exploration Angus Mccoss, the Cheptuket-1 well in Block 12A has encountered good oil shows, seen in cuttings and rotary sidewall cores across an interval of over 700 metres.

“This 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,” he said.

“I am delighted by this wildcat well result and the team is already working on our follow-up exploration plans for the Kerio Valley Basin.”

Cheptuket-1 is the first well to test positive in Kerio Valley Basin, and Cabinet Secretary for Energy Charles Keter says more tests need to be carried out.

“What they have found is a well where we can say there is prospect,” the CS explained.

According to Tullow, the strong oil shows encountered in Cheptuket-1 indicate the presence of an active petroleum system with significant oil generation.

Cheptuket-1 is the first well to test the Kerio Valley Basin and was drilled by the PR Marriott Rig-46 to a final depth of 3,083 metres.

Post-well analysis is in progress ahead of defining the future exploration programme in the basin. As previously advised, the PR Marriott Rig-46 will now be demobilized.

Advertisement. Scroll to continue reading.
Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...