Africa-focused Tullow Oil reported Friday that its Agete-1 exploration well on Block 13T, onshore northern Kenya, has discovered and sampled movable oil with an estimated 330 feet of net oil pay in good-quality sandstone reservoirs.
Agete-1 wildcat well is part of a major exploration campaign that has now seen the fifth consecutive oil discovery in the first of a chain of multiple rift basins across Tullow's acreage in the region. The discovery de-risks several follow-on prospects that are located to the north and is on trend with the Twiga South, Ekales and Ngamia oil discoveries, adding to the significant resources already discovered, Tullow said.
The Sakson PR5 rig drilled Agete-1 to a total depth of 6,330 feet. Following completion of logging operations the well will be suspended for future flow testing which will confirm the net pay count. The rig will then move to drill the Ewoi-1 wildcat in the east of this basin, targeting a rift flank prospect similar to the recent Etuko oil discovery.
Tullow Exploration Director Angus McCoss commented in a company statement:
"A fifth consecutive oil discovery onshore Northern Kenya highlights the emerging world class exploration and production potential within our rift basin acreage. An intensive campaign for 2014 includes appraisal and exploration within this first basin and pioneering wells targeting the prospectivity throughout the entire chain of similar rift basins."
Tullow operates the Agete-1 well with a 50-percent interest, while Africa Oil has a non-operated interest of 50-percent.
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