Wednesday, 30 April 2014

Tullow to Conduct Extensive Appraisal Drilling and Testing for Oil Production in Kenya

British firm, Tullow Oil Plc, says it will conduct extensive appraisal drilling and testing throughout year 2014 and 2015.

The objective of the extensive appraisal drilling and testing is to finalize a commercial production development report.

This report is what the government of Kenya wants. Nairobi wants to start selling oil as early as 2016 or 2017 and Tullow Plc must provide a comprehensive development report.

Speaking in Nairobi, Robin Sutherland, Tullow Oil Plc exploration manager for Sub Saharan Africa said the company is expected to submit a field development plan to the government of Kenya in the fourth quarter of 2015.

“We are expecting to submit our field development plans to the government in the fourth quarter of 2015,” Robin Sutherland told an oil and gas conference in Nairobi.

The appraisal drilling and testing will quantify the commercial viability thresholds; enable both the government and the investors to make projections.

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