By Jjunju Francis

26th June 2023

 

Total E&P Uganda (TEPU), Tilenga Oil Project has decided to relinquish two Oil Wells in Buliisa district due to lack of economic viability.

Operated by Total E&P Uganda (TEPU), Tilenga Oil Project is undertaking Oil explorations within the Upper and Lower Nile regions covering a stretch from Nwoya to Buliisa in Murchison Falls National Park.

It is working on 426 Oil wells, half of them being producer wells and the remaining half are injector wells that help to pump water underground to push Crude Oil onto the land surface.

However after assessing the economic gains from the anticipated oil exploration process, Total decided to leave Jobi East and Mpyo oils wells on grounds that it has little oil deposits, meaning it was not economically viable.

This is in requirement of the Oil laws a company is given 2 years for exploration and 2 years to develop any oil well for production once the period elapses the government re-owns its resource.

Now Total E&P Uganda has decided to first concentrate on six Oil fields that is Jobi Rii, Ngiri, Kasamene, Gunya, Nsonga and Kigogole where at peak point it is expected to produce at least 170,000 barrels of crude oil every day.

This was revealed by James Amale a civil works engineer at Tilenga Oil Project in Buliisa district while interacting with the media that was on the fact finding visit on the progress of Oil exploration works in Hoima facilitated by Petroleum Authority of Uganda.

Total E&P Uganda (TEPU), Tilenga Oil Project is the biggest Oil drilling project with three Rigs or Oil drilling machines currently employing over 1000 workers on site within Buliisa where its Oil Central Processing Facility is under construction.

End


Tuesday 27th June 2023 06:20:46 AM