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Tullow Oil

Kenya exported its first batch of crude oil. The Ngamia 8 well in the northern county of Turkana, originally struck by Tullow Oil in 2012, is located in one of the driest parts of Africa, but, under what is known as the Early Oil Pilot Scheme, will account for 2,000 B/D being shipped to the port of Mombasa for export. The South Lokichar Basin, from which the well draws, is believed to contain recoverable resources of 240-560-1,200 million bbl of oil (1C-2C-3C) from an overall discovered stock tank original oil in place of up to 4 billion bbl. Kenya now joins Uganda as the only two oil-producing nations in East Africa. Tullow Oil and its partner Africa Oil discovered commercial reserves in the Lokichar basin in 2012. Total has since taken a 25% stake.


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