Uganda reports it has completed the minimum drilling required for commercial production, while preparations continue ahead of the planned start of output in the second half of next year, the state oil company noted.
The Tilenga and Kingfisher developments are located in the Albertine Graben in western Uganda near the border with the Democratic Republic of Congo.
France’s TotalEnergies, China’s CNOOC, and the Uganda National Oil Company jointly hold interests in the fields, with each partner managing its share of the activities.
UNOC notes that 156 wells across Tilenga and Kingfisher have been drilled for the production phase, even though the long-term plan calls for 457 wells. At full output, the fields are expected to produce about 230,000 barrels per day.
UNOC adds that the configuration for the proposed four billion dollar refinery has been approved and that it will be developed as a residual fluid catalytic cracker plant.
In October, Uganda reported an 18 percent increase in recoverable crude reserves, bringing the estimate to 1.65 billion barrels.
source: www.cnbcafrica.com
African Energy Council