Tullow strikes more oil in latest Turkana find - News Summed Up

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Tullow strikes more oil in latest Turkana find


| Updated Thu, April 27th 2017 at 00:00 GMT +3Samples of Tullow’s crude oil from its Turkana oil fields. [File, Standard]Tullow Oil Wednesday said it had discovered more oil in Turkana County after drilling two news wells since January. The latest development is likely to push up the estimated recoverable oil from the South Lokichar basin. Currently, the South Lokichar area is estimated to have 750 million barrels of recoverable oil, with further testing by Tullow Oil and its joint venture partners - Africa Oil and Maersk Oil - expected to push the recoverable resources to upwards of a billion barrels of oil. The firm, the Government and its partners in the Turkana oil project, is currently preparing to start oil production and export on a pilot basis through the Early Oil Pilot Scheme (EOPS).


Source: Standard Digital April 26, 2017 17:26 UTC



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