Albertine Graben region
Oil in Uganda Uganda discovered commercially viable oil deposits in the Albertine Graben region in 2006 and has since embarked on establishing effective management procedures to promote growth and development for the country.
Is there oil in Uganda?
Overview. Uganda has proven crude oil reserves of 6.5 billion barrels, about 2.2 billion of which is recoverable. The International Monetary Fund was quoted in 2013 as saying that these reserves are the fourth-largest in sub-Saharan Africa, behind Nigeria, Angola, and South Sudan.
How many oil wells were drilled in Uganda?
One hundred and twenty one (121) exploration and appraisal wells have been drilled with one hundred and six (106) wells encountering oil and/or gas which is an unprecedented drilling success rate of over 85%. This includes 39 Exploration and 82 Appraisal Wells with 36 wells flow tested.
How was oil discovered in Uganda?
The report documented existence of oil seepages along the shores of Lake Albert in on both Uganda and DRC sides. In 1936 -1956, the first shallow stratigraphic wells were drilled by the African – European Investment Company. The first deep well, Waki B-1 well was drilled in Butiaba, in 1938 and encountered bitumen.
Which lake in Uganda has crude oil?
Of Uganda’s five sedimentary basins in Uganda (The Albertine Graben, Hoima Basin, Lake Kyoga Basin, Lake Wamala Basin, Kadam-Moroto Basin), the Albertine Graben has so far been discovered as the most prospective area for petroleum in Uganda.
Is Uganda selling crude oil?
Uganda Exports of crude oil to Congo was US$307 during 2020, according to the United Nations COMTRADE database on international trade. Uganda Exports of crude oil to Congo – data, historical chart and statistics – was last updated on December of 2021.
Does Uganda sell crude oil?
Uganda has neither exported nor sold any single barrel of crude oil: Commercial production and export of oil requires putting in place various infrastructure such as flow lines to connect the oil fields to the Central Processing Facilities (CPF), and feeder pipelines to connect the CPF to the refinery and export …
How much oil reserves does Uganda have?
Western Uganda has approximately 6.5 billion barrels of oil reserves, with at least 1.4 billion estimated to be economically recoverable.
Does Uganda export oil?
Oil Imports and Exports Uganda does not import nor exports any Oil (as of 2016).
Which lake in Uganda has salt?
Lake Katwe
Lake Katwe is known throughout Uganda and the East African region for its substantial salt production and has been producing high quality salt for many years. Geographically, Lake Katwe is found within an explosion crater in the formerly active volcanic area north-east of Lake Edward and south-east of Lake George.
Does Uganda export crude oil?
Uganda Exports of crude oil to Congo was US$307 during 2020, according to the United Nations COMTRADE database on international trade. Uganda Exports of crude oil to Congo – data, historical chart and statistics – was last updated on November of 2021.
Who owns the oil in Uganda?
CNOOC International is one of the largest oil and gas companies in Uganda’s energy sector and owns one-third interests in each of Exploration Areas (EA) EA1/1A, EA2 and Kingfisher. Our partners are Total E&P Uganda (33.3%) and Tullow Oil (33.3%). CNOOC International operates the Kingfisher production license.
Where is the most prospective for petroleum in Uganda?
Of Uganda’s five sedimentary basins in Uganda (The Albertine Graben, Hoima Basin, Lake Kyoga Basin, Lake Wamala Basin, Kadam-Moroto Basin), the Albertine Graben has so far been discovered as the most prospective area for petroleum in Uganda.
How much oil is there in Uganda?
By 2014, the Ugandan government estimated that there was 6.5 billion barrels of oil in place, but recoverable oil is estimated to be between 1.8 and 2.2 billion barrels. Oil production is expected to reach heights of between 200,000 and 250,000 bpd based on current discoveries.
Is oil in Uganda’s rift valley basins commercially exploitable?
It has now been confirmed that Uganda’s rift valley basins contain commercially exploitable reserves of oil and gas. Efforts to explore this extractive and non-renewable resource have been stepped up in the last decade.
What is driving Uganda’s energy boom?
From 2006 onward, a series of oil discoveries put Uganda on the global energy map. These were the largest onshore oil finds in sub-Saharan Africa in over two decades, and part of an oil and gas surge in East Africa and a wider energy boom on the continent.
