Stay Connected

FAR expands acreage offshore Kenya

Offshore staff

MELBOURNE, Australia – FAR Ltd. (ASX:FAR) is stepping up its involvement offshore Kenya.

The Kenyan government has confirmed a 60% expansion of FAR’s L6 exploration permit off the coast of Kenya. This additional area increases the total permit area to 5,010 sq km (1,934 sq mi).

From recently acquired processed 3D seismic data and earlier 2D seismic data, FAR has found a new Miocene carbonate reef play that extends into the new acreage, and estimates the total prospective resources on L6 to be 3,962 MMbbl of oil or in a gas only success case, 10,689 bcf (unrisked, best estimate, 100% basis).

3/27/13

FAR expands offshore Kenya permit
FAR has positive assessment of prospects offshore Kenya based on 3D and 2D seismic data.

Related Articles

Kosmos to drill deepwater Eagle offshore Morocco

Nov 21, 2013

Kosmos Energy has provided an update on its plans for the Foum Assaka permit offshore Morocco following its recent farm-out agreement with BP.

CLOV FPSO reaches port in Angola

Nov 20, 2013

Total says the FPSO for its CLOV project in Angola’s deepwater block 17 has reached Porto Amboim in Angola.

Trending News

Fire breaks out on Petrobras’ Marlim field

Jul 31, 2014

A fire reportedly broke out on an oil platform at the Marlim field in the Campos basi.

Ecopetrol starts GoM oil production with Murphy Oil

Jul 31, 2014

Ecopetrol has begun producing crude oil from two Dalmatian field wells in the Gulf of Mexico operated by its partner Murphy Exploration & Production Co., according to Reuters.

BGP completes 3D seismic shoot offshore Gabon

Jul 31, 2014

BGP has completed a 1,500-sq km (579-sq mi) 3D offshore seismic acquisition program for Perenco Oil & Gas Gabon.

Antrim finds numerous leads in Skellig offshore Ireland

Jul 31, 2014

Antrim Energy has detailed prospective hydrocarbon resources in frontier exploration license 1/13 in the Porcupine basin offshore southwest Ireland.

Tamar Southwest development plan blocked

Jul 31, 2014

Delek Group says the partners in the Tamar I/12 lease offshore Israel have filed a petition to the Israeli High Court.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

View more Job Listings >>