Prospectors to sink two oil and gas wells in 2013
- Anadarko Petroleum Corporation will from January 3, sink two oil and gas (hydrocarbons) offshore wells in Lamu, on the North Coast of Kenya.
Kenya ushers in 2013 with two oil and gas wells expected to be sunk in the first week of January in Lamu in a fresh round of drilling which is projected to significantly increase in the next 12 months.
Anadarko Petroleum Corporation will from January 3, sink two oil and gas (hydrocarbons) offshore wells in Lamu, on the North Coast of Kenya.
Drilling of eight more wells will begin later in the year as BG Group, Afren Plc, Ophir Energy, Africa Oil Corporation and Vanoil Energy intensify the search for hydrocarbons; oil and gas experts say if successful, they could transform global energy flows.
Analysts, led by Australian consulting firm Hartleys, project that drilling activity will rise in offshore Kenya with up to 10 wells expected in 2013.
Firms are expected to increase investment as competition in Kenya, Uganda, Tanzania and Mozambique for acreage intensifies on the back of discoveries.
Kenya’s status of frontier exploration area changed in 2012 with the discovery of oil in Turkana, in the northwest of the country, and gas offshore in Mbawa well. Uganda found crude oil in 2006 while Tanzania has discovered massive quantities of gas.
“Kenya may declare commercial hydrocarbons deposits between 2013 and 2016,” said Robert Shisoka of Nairobi-based Hydrocarbons Management Consultants. Tullow Oil Plc jointly with Africa Oil Corporation are set to carryout work to quantify the amount of oil in Turkana.
“Once ignored by the energy sector, East Africa is emerging as a region with significant unexploited oil and gas deposits that are drawing global attention,” said Mr Shisoka.
Energy Permanent Secretary Patrick Nyoike said American-owned Anadarko will invest at least $250 million in sinking the two wells in Lamu — Kiboko and Kubwa.
“The wells could be game changers for Kenya if massive resources are found,” he said. Apache Corporation in September 2012 encountered natural gas in Mbawa well drilled in Lamu basin off Kenya’s coast.