• 4 minutes England Running Out of Water?
  • 7 minutes Trump to Make Allies Pay More to Host US Bases
  • 10 minutes U.S. Shale Output may Start Dropping Next Year
  • 14 minutes Washington Eyes Crackdown On OPEC
  • 56 mins One Last Warning For The U.S. Shale Patch
  • 3 hours Once Upon A Time... North Korea Abruptly Withdraws Staff From Liaison Office
  • 3 hours Chile Tests Floating Solar Farm
  • 2 hours Oil Slips Further From 2019 Highs On Trade Worries
  • 10 hours Poll: Will Renewables Save the World?
  • 8 hours Modular Nuclear Reactors
  • 19 hours China's E-Buses Killing Diesel Demand
  • 19 hours Trump sells out his base to please Wallstreet and Oil industry
  • 15 hours China's Expansion: Italy Leads Europe Into China’s Embrace
  • 1 day Russian Effect: U.S. May Soon Pause Preparations For Delivering F-35s To Turkey
  • 1 day Read: OPEC THREATENED TO KILL US SHALE
  • 1 day Trump Tariffs On China Working
  • 1 day Biomass, Ethanol No Longer Green
  • 7 hours US-backed coup in Venezuela not so smooth

Global Energy Advisory – 27th June 2014

Discovery & Development

•    Kenya: Africa Oil Corp. has announced a new gas discovery at its Sala Prospect in Block 9, onshore in Kenya. The Sala-1 drilled an 80-square-kilometer anti-clinal feature along the northern basin bounding fault encountering several sandstone intervals with oil and gas shows. The well was drilled to a total depth of 3,030 meters. An upper gas bearing interval tested dry gas at a maximum rate of 6 mmcf/d from a 25 meter net pay interval. A lower interval tested at low rates of dry gas from a 50m potential net pay interval.  There were also oil shows while drilling and small amounts of oil were recovered during drilling and testing. Africa Oil is the Operator of Block 9 with a 50% working interest. Marathon Oil Kenya Limited B.V. has the remaining 50% interest.

•    Kenya: UK-listed BG Group and partners Pancontinental Petroleum Ltd of Perth and Thailand’s PTTEP have announced an oil discovery in the Sunbird-1 well offshore Kenya in the Lamu basin. The well, in permit area L10A, intersected a 14-m gross oil column and a 29.6-m gross gas column in a buried reef reservoir. BG holds 50% interest in L10A, while Thailand’s PTTEP has 31.25%, and Pancontinental, 18.75%.

•    Tanzania: Norway’s state-owned Statoil has announced another high-impact gas discovery offshore Tanzania in the Piri prospect, Block 2, in partnership with ExxonMobil. According…




Oilprice - The No. 1 Source for Oil & Energy News