CNOOC Uganda has confirmed a final investment decision (FID) for the Kingfisher field, marking another step forward for the Lake Albert development.
CNOOC Uganda president Chen Zhuobiao visited the head of the Petroleum Authority of Uganda (PAU) Ernest Rubondo and confirmed this decision.
Kingfisher will have 40,000 barrels per day of production. It will consist of four well pads, three of which are already in place but require upgrading.
The field will have around 20 production wells and 11 water injection wells. Wells will be drilled onshore and they will extend horizontally, under Lake Albert.
The CNOOC decision paves the way for progress on contract awards.
CNOOC takes FID on Uganda’s Kingfisher – News for the Energy Sector (energyvoice.com)