Tullow Oil Intelligence About Commercially Viable Oil at Ngamia-1 KenyaJuly 3 | Posted by David Goldman | Energy Intelligence, Intelligence News
Commercially viable oil may have been found in Kenya by British firm Tullow Oil, a London listed firm with a string of success in the region.
Intelligence gathered in the recent past piece together information and events that confirm both a very important milestone at the drilling site as well as a very well kept secret by both Tullow Oil and the Government of Kenya.
Intelligence reports have been analyzed to determine the above and its validity as a fact and intelligence analysts found out events and facts that quantify discovery and verification of freely jerking oil at 2340-meters depth.
Events before the announcement that Tullow Oil has stopped drilling Ngamia-1 for geological factors, vital information leaks were reported by their expert on social media. Africa Oil and Tullow Oil quickly sought the removal of the post which confirmed discovery of oil at 2340-meters depth besides the deletion of that particular account.
Tullow’s announcement mentioned a geological formation encounter at 400-meters before the targeted 2700 meters depth; as such, the geological formation can be described as an alibi by Tullow Oil while in fact, it is the oil flowing on it’s own to the surface as reported.
Another fact is the skepticism Mr Mbogo showed when briefing the media, in his view, its too early to discuss whether the well could lead Kenya into oil production. Here we find a possible admission through denial of facts which we decipher as ‘bounded rationality’
Mbogo added panache when he said that “It depends a lot on the price of oil and infrastructure in place,” which hints a significant situation/finding which they are not ready to announce. (such words connote excitement besides efforts to conceal vital information through confusing statements while at the same time admitting indirectly possibilities of such information emerging as valid).
“We will release an operational update as soon as some tests are done, in about two weeks.”, Mr Mbogo added, which means, Tullow Oil will announce their findings at Ngamia 1 in the second week of July.
The aspect of security and national interests are paramount to both Tullow and the Government of Kenya.