After posting "outstanding” results from its Kasamene-2 appraisal well, Tullow Oil has managed to bag the likelihood of getting "early first oil" from Uganda's Lake Albert Rift Basin. The news was shared by the company on Friday.
The firm's well, which is located in the Butiaba area of Uganda Block 2, has managed to encounter 39 meters of net oil pay, in addition to 8 meters of net gas pay, and all this is within a 132 meter total interval.
Tullow has shared that the presence of oil has been confirmed by results of wireline logging, pressure surveys and sampling of fluids. "Reservoir quality is excellent and the net pay thickness is the largest encountered in the Butiaba area to date", the company said.
The news of success could help Tullow in its bid to try and convince the Government of Uganda to let it acquire the Lake Albert oil licenses which currently belong to its partner Heritage Oil PLC.
"Encountering the largest net pay thickness in Butiaba to date is an outstanding result, confirming the lateral quality and extent of the Victoria Nile Delta reservoirs and enabling fast-tracked development of the Kasamene field", said Tullow's Chief Operating Officer Paul McDade.












