Andrew Bagala
14 May 2008
Kampala — Tullow Oil plc, one of the two companies prospecting oil in western Uganda has announced the successful drilling of another oil well at Taitai 1 in Butiaba, Bulisa District.
In a press statement yesterday, Tullow Oil said the Taitai-1 exploration well, drilled in the Butiaba region of Uganda Block 2, has encountered five metres of net gas pay and at least eight metres of net oil pay.
The company says down hole pressure testing and sampling has confirmed the presence of moveable 30 degrees API oil and a potential oil column of up to 80 metres, in sands above the basement play.
The statement adds that a thick section of oil-stained basement was also encountered and provides upside potential both at Taitai-1 and elsewhere in the Lake Albert Rift Basin.
Commenting on the findings, Mr Aidan Heavey, the chief executive of Tullow, said the discovery further reinforces the potential of Lake Albert Rift Basin as a major emerging petroleum province.
He said this is because it has proved the existence of a working petroleum system over 70 kilometres from the previous wells drilled in the Kaiso-Tonya region in Hoima District.
According to the statement, the well was drilled to a total depth of 1,006 metres and has been successfully logged. Tullow says that the uppermost oil sand exhibited high permeability; though pressure sampling of underlying oil sands was inconclusive.
On completion of operations at Taitai-1, the rig will move 10 kilometres to the north-east and drill the Lanya-1 prospect at the end of May.
Tullow is one of two companies actively prospecting for oil and gas in Uganda. The other is Heritage Oil.
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