Uganda’s confirmed petroleum resource base is currently estimated at 6.5 billion barrels of oil in-place also known as Stock Tank Oil-Initially-In-Place (STOIIP). Of this, between 1.4 and 1.7 billion barrels are recoverable. For more details, go to the Directorate of Petroleum website.
UNOC is mandated to hold 15% state participating interest in the nine (9) Petroleum Production Licenses covering fields that are planned to be developed through the Tilenga and Kingfisher Development Projects.
The Tilenga Development Project is located in the north of Lake Albert and constitutes License Areas (LA) 1 and 2. Our partners are Tullow Uganda Limited, Tullow Uganda Operations Pty Limited, CNOOC Uganda Limited and Total E&P Uganda B.V. Total E&P Uganda B.V and Tullow Uganda Operations Pty Limited are Operators for LA 1 and LA 2 respectively. The Project is currently at the phase of Front-End Engineering Design (FEED) and Final Investment Decision is planned to be taken during 2018.
The Kingfisher Development Area (KFDA) is located in the southeast of Lake Albert. Our partners are Tullow Uganda Limited, Total E&P Uganda B.V and CNOOC Uganda Limited. CNOOC Uganda Limited is the Operator. KFDA is currently at the phase of Front-End Engineering Design (FEED) and Final Investment Decision is planned to be taken in 2018.
Exploration licensing and New Ventures
UNOC is uniquely positioned to play a key role in ensuring the sustainability of petroleum resource production and reserve replacement in the country.
We have acquired Exploration & Production data over other prospective areas and are currently undertaking evaluation of the data.
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