Gazzatrone wrote:.......well for three days at best. Uganda oil discovery
pstarr wrote:Even so I find you a bit conservative and resistant to hysteria, when hysteria may be the appropriate reaction to what is going down around us.
when hysteria may be the appropriate reaction to what is going down around us.
If you can keep your head when all about you Are losing theirs and blaming it on you; If you can trust yourself when all men doubt you, But make allowance for their doubting too; . . . If you can meet with Triumph and Disaster And treat those two impostors just the same . . . Yours is the Earth and everything that's in it.
To reach 500mb, we will need the other blocks to be drilled in my opinion. Anyone think 70 sq km can yield 500mb in the Albert Basin?
rockdoc123 wrote:
theoretically, and with a strong wind at your back it would be possible. Not knowing a lot about the reservoir a good guesstimate is to assume 200 barrels per acrefoot. For 500 MMB and 70 km2 that requires slightly over a 100 foot pay section which is not unusually thick. But given the type of depositional environment I think they must be looking at (the sandstone reservoir appears to sit unconformably on the basement suggesting it was deposited pre-rift and hence is likely fluvial) I would not think it would be isotropic across that whole area...but then I'm just guessing.
Heritage Oil to fast-track Uganda oil discoveries
Uchenna Izundu
OGJ International Editor
LONDON, Feb. 23 -- Heritage Oil Corp., Calgary, plans to bring its oil discoveries in the Lake Albert basin in Uganda on stream before 2015, a senior company official said.
The Buffalo-Giraffe complex on Block 1 is considered the largest onshore oil field in sub-Saharan Africa to have been discovered in the last 20 years, said Brian Smith, Heritage Oil's vice-president of exploration. The company is working with partner Tullow Oil Ltd. to put the discovery on a fast track. It said the block holds multibillion bbl of oil potential. "Sufficient oil reserves have been discovered in the Albert basin to exceed the commercial threshold for development," Smith said.
The partners plan to build a 500,000 b/d crude oil export pipeline from Block 1 to Mombasa on Kenya's East Coast. The line's cost is estimated at $1.5-2 billion. Analysis and development studies are under way on that project.
[...]
Tullow claims ‘substantial’ find
May 06 2009
Energy play Tullow Oil says it has encountered ‘good-quality, oil-bearing reservoirs’ in Uganda’s Nsoga-1 exploration well.
The fully listed company says it drilled some 6 km horizontally from the top of the structure at Nsoga-1, in the Butaiba region of its Uganda Block 2, to a depth of 755 metres. The reservoir encountered is 43 metres thick, with the top three metres bearing oil.
Tullow maintains that ‘the entire reservoir should be oil-filled’, adding that a separate section above the reservoir showed oil-bearing sands ‘likely to have deeper oil water contacts’. Exploration director Angus McCoss declares, ‘We have made another substantial discovery in the important Victoria Nile Delta.’
Tullow has interests in three licences in the Lake Albert Rift Basin in Uganda. The company operates Block 2, of which it owns 100 per cent, and has 50 per cent of Blocks 1 and 3A.
[...]
Uganda's oil reserves could be as much as that of the Gulf countries, a senior official at the US Department of Energy has said.
Based on the test flow results encountered at the wells so far drilled and other oil numbers, Ms. Sally Kornfeld, a senior analyst in the office of fossil energy went ahead to talk about Uganda's oil reservoirs in the same sentence as Saudi Arabia.
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