Gas find for Tullow Oil off Kenya coast
Exploration firm Tullow Oil has found gas at its well off the coast of Kenya.
The company said its Mbawa-1 exploration well in the L8 licence area, off Kenya, has encountered 52 metres of net gas pay, which refers to the thickness of the reservoir. The well will now be drilled to 3,275 metres.
Tullow has a 15 per cent share in the Block L8 licence, with operator Apache taking a 50 per cent share, Origin Energy with 20 per cent and Pancontinental 15 per cent.
“A gas discovery on prognosis in the shallowest objective at Mbawa-1 is an encouraging start to our East African Transform Margin exploration campaign,” exploration director Angus McCoss said.
“This is the first hydrocarbon discovery offshore Kenya. The ongoing drilling remains on course to test for any deeper oil potential within this gas prone region.”
A series of recent discoveries off Tanzania and Mozambique has cemented the future of east Africa as a major new supplier of gas to energy-hungry Asia, but attention has turned to the potential for deepwater oil deposits, which would be easier to exploit.