The Uganda National Oil Company has announced that preliminary geological assessments in the Kasuruban exploration block have revealed promising exploration and production opportunities, with nine potential wells identified within the 1,285 square kilometer block.
The parastatal company confirmed that the block, situated in the Butiaba Area and acquired under a 2023 production-sharing agreement, shows encouraging signs warranting further detailed studies to determine the actual quantity and commercial viability of these prospects.
If confirmed, the discovery would significantly boost Uganda’s current 1.65 billion barrels of proven recoverable reserves and reinforce the long-term potential of the Albertine Rift Basin, where energy major TotalEnergies and the China National Offshore Oil Corporation are developing the Tilenga and Kingfisher projects. Commercial output from both fields is slated for the second half of 2025, with peak production expected at around 200,000 barrels per day.
The announcement comes as construction progresses on the $5 billion East African Crude Oil Pipeline, now 75 percent complete. The 1,443-kilometer pipeline from Uganda’s Albertine Graben to Tanzania’s Tanga port is central to the country’s export strategy, with TotalEnergies holding a 62 percent stake in the project.
Source: energycapitalpower.com