106-458: The Uganda Investment Authority (UIA) is a semi-autonomous investment promotion and facilitation organisation in Uganda and is owned by the government of Uganda . The headquarters of UIA are located at Uganda Business Facilitation Centre, Plot 1, Baskerville Avenue, Kololo. The coordinates of the head office are:0.3291° N, 32.5988° E (Latitude:0.3291857; Longitude:32.598898). The agency maintains
212-465: A conventional reservoir can be calculated using a volume equation: Recoverable volume = Gross Rock Volume * Net/Gross * Porosity * Oil or Gas Saturation * Recovery Factor / Formation Volume Factor Deterministic volumes are calculated when single values are used as input parameters to this equation, which could include analog content. Probabilistic volumes are calculations when uncertainty distributions are applied as input to all or some of
318-664: A reasonable certainty of being recoverable under existing economic and political conditions, and with existing technology. Industry specialists refer to this category as "P90" (that is, having a 90% certainty of producing or exceeding the P90 volume on the probability distribution). Proven reserves are also known in the industry as 1P . Proven reserves may be referred to as proven developed (PD) or as proven undeveloped (PUD). PD reserves are reserves that can be produced with existing wells and perforations, or from additional reservoirs where minimal additional investment (operating expense)
424-719: A sleeping sickness epidemic in the southern part of Uganda, along the north shores of Lake Victoria, killed more than 250,000 people. World War II encouraged the colonial administration of Uganda to recruit 77,143 soldiers to serve in the King's African Rifles . They were seen in action in the Western Desert campaign , the Abyssinian campaign , the Battle of Madagascar and the Burma campaign . Uganda gained independence from
530-428: A "best technical" outcome. Reservoir simulation is an area of reservoir engineering in which computer models are used to predict the flow of fluids (typically, oil, water, and gas) through porous media . The amount of oil & gas recoverable from a conventional reservoir is assessed by accurately characterising the static recoverable volumes and history matching that to dynamic flow. Reservoir performance
636-613: A degree of self-government that would have otherwise been limited under a full colonial administration. In the 1890s, 32,000 labourers from British India were recruited to East Africa under indentured labour contracts to construct the Uganda Railway . Most of the surviving Indians returned home, but 6,724 decided to remain in East Africa after the line's completion. Subsequently, some became traders and took control of cotton ginning and sartorial retail. From 1900 to 1920,
742-412: A discovery has been made, prospective resources can be reclassified as contingent resources . Contingent resources are those accumulations or fields that are not yet considered mature enough for commercial development, where development is contingent on one or more conditions changing. The uncertainty in the estimates for recoverable oil & gas volumes is expressed in a probability distribution and
848-564: A framework for a consistent approach to the estimation process to comply with reporting requirements of particularly, listed companies. Energy companies may employ specialist, independent, reserve valuation consultants to provide third party reports as part of SEC filings for either reserves or resource booking. Reserves reporting of discovered accumulations is regulated by tight controls for informed investment decisions to quantify differing degrees of uncertainty in recoverable volumes. Reserves are defined in three sub-categories according to
954-453: A half slope on a log-plot of flow-rates against time believed to be caused by drainage from matrix surfaces into adjoining fractures. Such reservoirs are commonly believed to be regionally pervasive that may be interrupted by regulatory or ownership boundaries with the potential for large oil & gas volumes, which are very hard to verify. Non-unique flow characteristics in unconventional accumulations means that commercial viability depends on
1060-439: A lower probability to recovering Possible reserves include varying interpretations of geology, uncertainty due to reserve infill (associated with variability in seepage towards a production well from adjacent areas) and projected reserves based on future recovery methods. The probabilistic, cumulative sum of proven, probable and possible reserves is referred to in the industry as " 3P " (proven plus probable plus possible) where there
1166-663: A measure ostensibly designed to reduce sectarian violence. In the non-party "Movement" system instituted by Museveni, political parties continued to exist, but they could operate only a headquarters office. They could not open branches, hold rallies, or field candidates directly (although electoral candidates could belong to political parties). A constitutional referendum cancelled this nineteen-year ban on multi-party politics in July 2005. In 1993, Pope John Paul II visited Uganda during his 6-day pastoral trip to urge Ugandans to seek reconciliation. During mass celebrations, he paid homage to
SECTION 10
#17327796865121272-571: A national network of UIA District Focal Point Offices, throughout Uganda. The UIA was created by the Ugandan Parliament in 1991. The mission of the UIA is to promote and facilitate investment projects, provide serviced land, and advocate for a competitive business environment. The UIA works with the government and the private sector to promote the economic growth of Uganda through investment and infrastructure development. UIA's parent ministry
1378-462: A power struggle between the Obote-led government and King Muteesa, Obote suspended the constitution and removed the ceremonial president and vice-president. In 1967, a new constitution proclaimed Uganda a republic and abolished the traditional kingdoms. Obote was declared the president. After a military coup on 25 January 1971 , Obote was deposed from power and General Idi Amin seized control of
1484-471: A problem. Colonial governors had failed to come up with a formula that worked. This was further complicated by Buganda's nonchalant attitude to its relationship with the central government. Buganda never sought independence but rather appeared to be comfortable with a loose arrangement that guaranteed them privileges above the other subjects within the protectorate or a special status when the British left. This
1590-463: A risk or chance to exist in reality, depending on the level of appraisal or resource maturity that governs the amount of reliable geologic and engineering data available and the interpretation of those data. Estimating and monitoring of reserves provides an insight into, for example, a company's future production and a country's oil & gas supply potential. As such, reserves are an important means of expressing value and longevity of resources. In
1696-682: A show down between Buganda and the Central government. Historians may argue about whether this could have been avoided through compromise. This was unlikely as Obote now felt emboldened and saw the Kabaka as weak. Indeed, by accepting the presidency four years earlier and siding with the UPC, the Kabaka had divided his people and taken the side of one against the other. Within Buganda's political institutions, rivalries driven by religion and personal ambition made
1802-542: A significant conflict with the Buganda kingdom. Idi Amin 's military coup in 1971 led to a brutal regime characterized by mass killings and economic decline, until his overthrow in 1979. Yoweri Museveni 's National Resistance Movement (NRM) took power in 1986 after a six-year guerrilla war . This brought stability and growth, but authoritarian practices and human rights abuses. The abolition of presidential term limits, allegations of electoral fraud and repression, have raised concerns about Uganda's democratic future. Museveni
1908-583: A static reservoir model . Static models and dynamic flow models can be populated with analog reservoir performance data to increase the confidence in forecasting as the amount and quality of static geoscientific and dynamic reservoir performance data increase. Once production has commenced, production rates and pressure data allow a degree of prediction on reservoir performance, which was previously characterized by substituting analog data. Analog data can still be substituted for expected reservoir performance where specific dynamic data may be missing, representing
2014-421: A subsurface reservoir , is called oil or gas initially in place ( STOIIP or GIIP respectively). However, only a fraction of in place oil & gas can be brought to the surface ( recoverable ), and it is only this producible fraction that is considered to be either reserves or a resource of any kind. The ratio between in place and recoverable volumes is known as the recovery factor ( RF ), which
2120-746: A vital sector for the economy. Uganda is a member of the United Nations , the African Union , G77 , the East African Community , and the Organisation of Islamic Cooperation . Much of Uganda was inhabited by Central sudanic - and Kuliak -speaking farmers and herders until 3,000 years ago, when Bantu speakers arrived in the south and Nilotic speakers arrived in the northeast. By 1500 AD, they had all been assimilated into Bantu speaking cultures south of Mount Elgon ,
2226-524: Is a 10% chance of delivering or exceeding the P10 volume.( ibid ) Resource estimates are undiscovered volumes, or volumes that have not yet been drilled and flowed to surface. A non-reserve resource , by definition, does not have to be technically or commercially recoverable and can be represented by a single, or an aggregate of multiple potential accumulations, e.g. an estimated geological basin resource. There are two non-reserve resource categories: Once
SECTION 20
#17327796865122332-441: Is assumed that the production will decline on a reasonably smooth curve, and so allowances must be made for wells shut in and production restrictions. The curve can be expressed mathematically or plotted on a graph to estimate future production. It has the advantage of (implicitly) conflating all reservoir characteristics. It requires a sufficient production history to establish a statistically significant trend, ideally when production
2438-963: Is determined by a combination of subsurface geology and the technology applied to extraction . When reporting oil & gas volumes , in order to avoid confusion, it should be clarified whether they are in place or recoverable volumes. The appropriate technique for resource estimations is determined by resource maturity. There are three main categories of technique, which are used through resource maturation to differing degrees: analog (substitution), volumetric (static) and performance-based (dynamic), which are combined to help fill gaps in knowledge or data. Both probabilistic and deterministic calculation methods are commonly used to calculate resource volumes, with deterministic methods predominantly applied to reserves estimation (low uncertainty) and probabilistic methods applied to general resource estimation (high uncertainty). The combination of geological, geophysical and technical engineering constraints means that
2544-434: Is diverse, with volcanic hills, mountains, and lakes, including Lake Victoria, the world's second-largest freshwater lake . The country has significant natural resources, including fertile agricultural land and untapped oil reserves , contributing to its economic development. The service sector dominates the economy, surpassing agriculture. Uganda's rich biodiversity, with national parks and wildlife reserves, attracts tourism,
2650-1055: Is drained by the Suam River , part of the internal drainage basin of Lake Turkana . The extreme north-eastern part of Uganda drains into the Lotikipi Basin, which is primarily in Kenya. Uganda has 60 protected areas , including ten national parks: Bwindi Impenetrable National Park and Rwenzori Mountains National Park (both UNESCO World Heritage Sites ), Kibale National Park , Kidepo Valley National Park , Lake Mburo National Park , Mgahinga Gorilla National Park , Mount Elgon National Park , Murchison Falls National Park , Queen Elizabeth National Park , and Semuliki National Park . Oil reserve Oil and gas reserves denote discovered quantities of crude oil and natural gas (oil or gas fields ) that can be profitably produced/recovered from an approved development. Oil and gas reserves tied to approved operational plans filed on
2756-475: Is estimated that up to 2,000 people died in the battle which ended when the army called in heavier guns and overran the palace. The anticipated countryside uprising in Buganda did not materialise and a few hours later a beaming Obote met the press to relish his victory. The Kabaka escaped over the palace walls and was transported into exile in London by supporters. He died there three years later. In 1966, following
2862-417: Is important because the recovery changes as the physical environment of the reservoir adjusts with every molecule extracted; the longer a reservoir has been flowing, the more accurate the prediction of remaining reserves. Dynamic simulations are commonly used by analysts to update reserves volumes, particularly in large complex reservoirs. Daily production can be matched against production forecasts to establish
2968-618: Is known about a segment. The opportunity segment can be scaled to any level depending on the specific interest of the analyst, whether at a global, country, basin, structural domain, play, license or reservoir level. YTF is conceptual and is commonly used as a method for scoping potential in frontier areas where there is no oil or gas production or where new play concepts are being introduced with perceived potential. However, analog content can also be substituted for any subsurface parameters where there are gaps in data in more mature reserves or resource settings (below). Oil & gas volumes in
3074-759: Is not curtailed by regulatory or other artificial conditions. Experience shows that initial estimates of the size of newly discovered oil & gas fields are usually too low. As years pass, successive estimates of the ultimate recovery of fields tend to increase. The term reserve growth refers to the typical increases (but narrowing range) of estimated ultimate recovery that occur as oil & gas fields are developed and produced. Many oil-producing nations do not reveal their reservoir engineering field data and instead provide unaudited claims for their oil reserves. The numbers disclosed by some national governments are suspected of being manipulated for political reasons. In order to achieve international goals for decarbonisation ,
3180-430: Is required ( e.g. opening a set of perforations already installed). PUD reserves require additional capital investment (e.g., drilling new wells) to bring the oil and/or gas to the surface. Accounting for production is an important exercise for businesses. Produced oil or gas that has been brought to surface (production) and sold on international markets or refined in-country are no longer reserves and are removed from
3286-414: Is sub-classified based on project maturity and/or economic status ( 1C , 2C , 3C , ibid ) and in addition are assigned a risk, or chance, to exist in reality (POS or COS). Prospective resources , being undiscovered, have the widest range in volume uncertainties and carry the highest risk or chance to be present in reality (POS or COS). At the exploration stage (before discovery) they are categorized by
Uganda Investment Authority - Misplaced Pages Continue
3392-545: Is surrounded by extensive marshy areas. Although landlocked, Uganda contains many large lakes. Besides Lakes Victoria and Kyoga, there are Lake Albert , Lake Edward , and the smaller Lake George . It lies almost completely within the Nile basin. The Victoria Nile drains from Lake Victoria into Lake Kyoga and thence into Lake Albert on the Congolese border. It then runs northwards into South Sudan . An area in eastern Uganda
3498-573: Is the Ministry of Finance, Planning and Economic Development. The institution is governed by a seven-person board of directors. As of June 2021, the following individuals were members of that board. The term of the current board runs until 2022. Uganda Uganda , officially the Republic of Uganda , is a landlocked country in East Africa . It is bordered to the east by Kenya , to
3604-683: Is up to Ugandans to critically analyse this. The European Union's Election Observation Mission reported on improvements and flaws of the Ugandan electoral process: "The electoral campaign and polling day were conducted in a peaceful manner. However, the electoral process was marred by avoidable administrative and logistical failures that led to an unacceptable number of Ugandan citizens being disfranchised." Since August 2012, hacktivist group Anonymous has threatened Ugandan officials and hacked official government websites over its anti-gay bills. Some international donors have threatened to cut financial aid to
3710-598: The Democratic Party (DP) that had roots in the Catholic Church. The bitterness between these two parties was extremely intense especially as the first elections for the post-Colonial parliament approached. The Kabaka particularly disliked the DP leader, Benedicto Kiwanuka . Outside Buganda, a soft-spoken politician from Northern Uganda, Milton Obote , had forged an alliance of non-Buganda politicians to form
3816-529: The Empire of Kitara . The arrival of Arab traders in the 1830s and British explorers in the late 19th century, marked the beginning of foreign influence. The British established the Protectorate of Uganda in 1894, incorporating various kingdoms and setting the stage for future political dynamics. Uganda gained independence in 1962, with Milton Obote as the first prime minister. The 1966 Mengo Crisis marked
3922-1238: The International Energy Agency said in 2021 that countries should no longer expand exploration or invest in projects to expand reserves to meet climate goals set by the Paris Agreement . The categories and estimation techniques framed by the PRMS above apply to conventional reservoirs, where oil & gas accumulations are controlled by hydrodynamic interactions between the buoyancy of oil & gas in water versus capillary forces. Oil or gas in unconventional reservoirs are much more tightly bound to rock matrices in excess of capillary forces and therefore require different approaches to both extraction and resource estimation. Unconventional reservoirs or accumulations also require different means of identification and include coalbed methane (CBM), basin-centered gas (low permeability), low permeability tight gas (including shale gas ) and tight oil (including shale oil ), gas hydrates, natural bitumen (very high viscosity oil), and oil shale (kerogen) deposits. Ultra low permeability reservoirs exhibit
4028-574: The Nile River , and Lake Kyoga . According to oral tradition and archeological studies, the Empire of Kitara covered an important part of the Great Lakes Area , from the northern lakes Albert and Kyoga to the southern lakes Victoria and Tanganyika . Kitara is claimed as the antecedent of the Tooro , Ankole , and Busoga kingdoms. Some Luo invaded Kitara and assimilated with
4134-487: The PRMS , the terms 'Resources' and 'Reserves' have distinct and specific meaning with respect to oil & gas accumulations and hydrocarbon exploration in general. However, the level of rigor required in applying these terms varies depending on the resource maturity which informs reporting requirements. Oil & gas reserves are resources that are, or are reasonably certain to be, commercial (i.e. profitable). Reserves are
4240-787: The Society of Petroleum Engineers (SPE), the World Petroleum Council (WPC), the American Association of Petroleum Geologists (AAPG), the Society of Petroleum Evaluation Engineers (SPEE) and the Society of Economic Geologists (SEG). Public companies that register securities in the U.S. market must report proved reserves under the Securities and Exchange Commission (SEC) reporting requirements which shares many elements with PRMS. Attempts have also been made to standardize more generalized methodologies for
4346-486: The 21 Buganda seats were elected by proportional representation reflecting the elections to the Buganda parliament – the Lukikko. KY won a resounding victory over DP, winning all 21 seats. The UPC reached a high at the end of 1964 when the leader of the DP in parliament, Basil Kiiza Bataringaya , crossed the parliamentary floor with five other MPs, leaving DP with only nine seats. The DP MPs were not particularly happy that
Uganda Investment Authority - Misplaced Pages Continue
4452-804: The 250 passengers originally on board were held hostage until an Israeli commando raid rescued them ten days later. Amin's reign was ended after the Uganda-Tanzania War in 1979, in which Tanzanian forces aided by Ugandan exiles invaded Uganda. In 1980, the Ugandan Bush War broke out resulting in Yoweri Museveni became president since his forces toppled the previous regime in January 1986. Political parties in Uganda were restricted in their activities beginning that year, in
4558-872: The Bantu society there, establishing the Biito dynasty of the current Omukama (ruler) of Bunyoro-Kitara . Arab traders moved into the land from the Indian Ocean coast of East Africa in the 1830s for trade and commerce. In the late 1860s, Bunyoro in Mid-Western Uganda found itself threatened from the north by Egyptian-sponsored agents. Unlike the Arab traders from the East African coast who sought trade, these agents were promoting foreign conquest. In 1869, Khedive Ismail Pasha of Egypt, seeking to annex
4664-490: The Buganda Kabaka (King) Edward Muteesa II holding the largely ceremonial position of president. Uganda's immediate post-independence years were dominated by the relationship between the central government and the largest regional kingdom – Buganda . From the moment the British created the Uganda protectorate, the issue of how to manage the largest monarchy within the framework of a unitary state had always been
4770-410: The Buganda question remained unresolved. Uganda was one of the few colonial territories that achieved independence without a dominant political party with a clear majority in parliament. In the pre-Independence elections, the UPC ran no candidates in Buganda and won 37 of the 61 directly elected seats (outside Buganda). The DP won 24 seats outside Buganda. The "special status" granted to Buganda meant that
4876-467: The Central government. For those outside the UPC (including KY supporters), this was a sign that Obote was vulnerable. Keen observers realised the UPC was not a cohesive unit. The collapse of the UPC-KY alliance openly revealed the dissatisfaction Obote and others had about Buganda's "special status". In 1964, the government responded to demands from some parts of the vast Buganda Kingdom that they were not
4982-450: The Kabaka if it came to that). Obote abolished the constitution and effectively suspended elections due in a few months. Obote went on television and radio to accuse the Kabaka of various offences including requesting foreign troops which appears to have been explored by the Kabaka following the rumours of Amin plotting a coup. Obote further dismantled the authority of the Kabaka by announcing among other measures: The lines were now drawn for
5088-457: The Kabaka made his move. He asked for foreign help, and the Buganda parliament demanded that the Uganda government leave Buganda (including the capital, Kampala). In response Obote ordered Idi Amin to attack the Kabaka's palace. The battle for the Kabaka's palace was fierce – the Kabaka's guards putting up more resistance than had been expected. The British trained Captain – the Kabaka with about 120 armed men kept Idi Amin at bay for twelve hours. It
5194-419: The Kabaka was mute – probably content in his ceremonial role and symbolism in his part of the country. However, there were also major divisions within his palace that made it difficult for him to act effectively against Obote. By the time Uganda had become independent, Buganda "was a divided house with contending social and political forces" There were however problems brewing inside the UPC. As its ranks swelled,
5300-468: The Kabaka's subjects. Prior to colonial rule, Buganda had been rivalled by the neighbouring Bunyoro kingdom. Buganda had conquered parts of Bunyoro and the British colonialists had formalised this in the Buganda Agreements. Known as the "lost counties", the people in these areas wished to revert to being part of Bunyoro. Obote decided to allow a referendum, which angered the Kabaka and most of
5406-541: The Kabaka. They were now aligned to opposing Obote. Second – the security forces – the British colonialists had recruited the army and police almost exclusively from Northern Uganda due to their perceived suitability for these roles. At independence, the army and police was dominated by northern tribes – mainly Nilotic. They would now feel more affiliated to Obote, and he took full advantage of this to consolidate his power. In April 1966, Obote passed out eight hundred new army recruits at Moroto , of whom seventy percent came from
SECTION 50
#17327796865125512-638: The Lugbara, Acholi, and Langi, all of whom have bitter rivalries that were to define Uganda's military politics later. Despite these ambiguities, these events unwittingly brought to fore the northerner/southerner political divide which to some extent still influences Ugandan politics. The UPC fragmentation continued as opponents sensed Obote's vulnerability. At local level where the UPC dominated most councils discontent began to challenge incumbent council leaders. Even in Obote's home district, attempts were made to oust
5618-532: The Northern Region. At the time there was a tendency to perceive central government and security forces as dominated by "northerners" – particularly the Acholi who through the UPC had significant access to government positions at national level. In northern Uganda there were also varied degrees of anti-Buganda feelings, particularly over the kingdom's "special status" before and after independence, and all
5724-547: The SPE and the WPC in 1997, requiring that reserves are discovered, recoverable, commercial and remaining based on rules governing the classification into sub-categories and the declared development project plans applied. Probable and Possible reserves may be used internally by oil companies and government agencies for future planning purposes but are not routinely or uniformly compiled. Proven reserves are discovered volumes claimed to have
5830-624: The UK on 9 October 1962 with Queen Elizabeth II as head of state and Queen of Uganda . In October 1963, Uganda became a republic but maintained its membership in the Commonwealth of Nations . The first post-independence election, held in 1962, was won by an alliance between the Uganda People's Congress (UPC) and Kabaka Yekka (KY). UPC and KY formed the first post-independence government with Milton Obote as executive prime minister, with
5936-516: The UPC. The "North/South" ethnic divide that had been evident in economic and social spheres now entrenched itself in politics. Obote surrounded himself with mainly northern politicians, while Ibingira's supporters who were subsequently arrested and jailed with him, were mainly from the South. In time, the two factions acquired ethnic labels – "Bantu" (the mainly Southern Ibingira faction) and "Nilotic" (the mainly Northern Obote faction). The perception that
6042-482: The Uganda People's Congress (UPC). The UPC at its heart was dominated by politicians who wanted to rectify what they saw as the regional inequality that favoured Buganda's special status. This drew in substantial support from outside Buganda. The party however remained a loose alliance of interests, but Obote showed great skill at negotiating them into a common ground based on a federal formula. At Independence,
6148-557: The accuracy of simulation models based on actual volumes of recovered oil or gas. Unlike analogs or volumetric methods above, the degree of confidence in the estimates (or the range of outcomes) increases as the amount and quality of geological, engineering and production performance data increase. These must then be compared with previous estimates, whether derived from analog, volumetric or static reservoir modelling before reserves can be adjusted and booked. The materials balance method for an oil or gas field uses an equation that relates
6254-405: The accuracy of these estimation techniques, significant uncertainties still remain, which are expressed as a range of potential recoverable oil & gas quantities using probabilistic methods. In general, most early estimates of the reserves of an oil or gas field (rather than resource estimates) are conservative and tend to grow with time . This may be due to the availability of more data and/or
6360-811: The booking and company balance sheets. Until January 2010, "1P" proven reserves were the only type the U.S. SEC allowed oil companies to report to investors. Companies listed on U.S. stock exchanges may be called upon to verify their claims confidentially, but many governments and national oil companies do not disclose verifying data publicly. Since January 2010 the SEC now allows companies to also provide additional optional information declaring 2P (both proven and probable) and 3P (proven plus probable plus possible) with discretionary verification by qualified third party consultants, though many companies choose to use 2P and 3P estimates only for internal purposes. Probable additional reserves are attributed to known accumulations and
6466-458: The capital and largest city, Kampala . Uganda is named after the Buganda kingdom, which encompasses a large portion of the south, including Kampala, and whose language Luganda is widely spoken; the official language is English. The region was populated by various ethnic groups, before Bantu and Nilotic groups arrived around 3,000 years ago. These groups established influential kingdoms such as
SECTION 60
#17327796865126572-518: The civil war against the Lord's Resistance Army, which has been guilty of numerous crimes against humanity, including child slavery , the Atiak massacre , and other mass murders. Conflict in northern Uganda has killed thousands and displaced millions. Parliament abolished presidential term limits in 2005, allegedly because Museveni used public funds to pay US$ 2,000 to each member of parliament who supported
6678-442: The country if anti-gay bills continue. Indicators of a plan for succession by the president's son, Muhoozi Kainerugaba, have increased tensions. President Yoweri Museveni has ruled the country since 1986 and he was latest re-elected in January 2021 presidential elections . According to official results Museveni won the elections with 58% of the vote while popstar-turned-politician Bobi Wine had 35%. The opposition challenged
6784-464: The country. Amin ruled Uganda as dictator with the support of the military for the next eight years. He carried out mass killings within the country to maintain his rule. An estimated 80,000–500,000 Ugandans died during his regime. Aside from his brutalities, he forcibly removed the entrepreneurial Indian minority from Uganda. In June 1976, Palestinian terrorists hijacked an Air France flight and forced it to land at Entebbe airport . One hundred of
6890-514: The day of reserves reporting are also sensitive to fluctuating global market pricing. The remaining resource estimates (after the reserves have been accounted) are likely sub-commercial and may still be under appraisal with the potential to be technically recoverable once commercially established. Natural gas is frequently associated with oil directly and gas reserves are commonly quoted in barrels of oil equivalent (BOE). Consequently, both oil and gas reserves, as well as resource estimates, follow
6996-666: The death of the Uganda Martyrs in 1885—after the conversion of Muteesa I and much of his court, and the succession of his anti-Christian son Mwanga. The British government chartered the Imperial British East Africa Company (IBEAC) to negotiate trade agreements in the region beginning in 1888. From 1886, there was a series of religious wars in Buganda, initially between Muslims and Christians and then, from 1890, between "ba-Ingleza" Protestants and "ba-Fransa" Catholics, factions named after
7102-498: The economic and social benefits that came with this status. "Obote brought significant numbers of northerners into the central state, both through the civil service and military, and created a patronage machine in Northern Uganda". However, both "Bantu" and "Nilotic" labels represent significant ambiguities. The Bantu category for example includes both Buganda and Bunyoro – historically bitter rivals. The Nilotic label includes
7208-500: The ethnic, religious, regional, and personal interests began to shake the party. The party's apparent strength was eroded in a complex sequence of factional conflicts in its central and regional structures. And by 1966, the UPC was tearing itself apart. The conflicts were further intensified by the newcomers who had crossed the parliamentary floor from DP and KY. The UPC delegates arrived in Gulu in 1964 for their delegates conference. Here
7314-430: The field. It requires some production to occur (typically 5% to 10% of ultimate recovery), unless reliable pressure history can be used from a field with similar rock and fluid characteristics. The decline curve method is an extrapolation of known production data to fit a decline curve and estimate future oil & gas production. The three most common forms of decline curves are exponential, hyperbolic, and harmonic. It
7420-458: The financial status of the company, which may be obliged to report those estimates to shareholders and "resource holders" at the various stages of resource maturation. Currently, the most widely accepted classification and reporting methodology is the 2018 petroleum resources management system ( PRMS ), which summarizes a consistent approach to estimating oil and gas quantities within a comprehensive classification framework, jointly developed by
7526-466: The government was at war with the Bantu was further enhanced when Obote arrested and imprisoned the mainly Bantu ministers who backed Ibingira. These labels brought into the mix two very powerful influences. First Buganda – the people of Buganda are Bantu and therefore naturally aligned to the Ibingira faction. The Ibingira faction further advanced this alliance by accusing Obote of wanting to overthrow
7632-568: The head of the local district council in 1966. A more worrying fact for the UPC was that the next national elections loomed in 1967 – and without the support of KY (who were now likely to back the DP), and the growing factionalism in the UPC, there was the real possibility that the UPC would be out of power in months. Obote went after KY with a new act of parliament in early 1966 that blocked any attempt by KY to expand outside Buganda. KY appeared to respond in parliament through one of their few remaining MPs,
7738-403: The highest peak in Uganda, which is named Alexandra and measures 5,094 meters. Much of the south of the country is heavily influenced by one of the world's biggest lakes, Lake Victoria, which contains many islands. The most important cities are located in the south, near this lake, including the capital Kampala and the nearby city of Entebbe . Lake Kyoga is in the centre of the country and
7844-521: The hostility of their leader, Benedicto Kiwanuka, towards the Kabaka was hindering their chances of compromise with KY. The trickle of defections turned into a flood when 10 KY members crossed the floor when they realised the formal coalition with the UPC was no longer viable. Obote's charismatic speeches across the country were sweeping all before him, and the UPC was winning almost every local election held and increasing its control over all district councils and legislatures outside Buganda. The response from
7950-539: The imperial powers with which they were aligned. Because of civil unrest and financial burdens, IBEAC claimed that it was unable to "maintain their occupation" in the region. British commercial interests were ardent to protect the trade route of the Nile, which prompted the British government to annex Buganda and adjoining territories to create the Uganda Protectorate in 1894. The Protectorate of Uganda
8056-476: The improved matching between predicted and actual production performance. Appropriate external reporting of resources and reserves is required from publicly traded companies, and is an accounting process governed by strict definitions and categorisation administered by authorities regulating the stock market and complying with governmental legal requirements. Other national or industry bodies may voluntarily report resources and reserves but are not required to follow
8162-428: The institutions ineffective and unable to respond to the central government moves. The Kabaka was often regarded as aloof and unresponsive to advice from the younger Buganda politicians who better understood the new post-Independence politics, unlike the traditionalists who were ambivalent to what was going on as long as their traditional benefits were maintained. The Kabaka favoured the neo-traditionalists. In May 1966,
8268-518: The main asset of an oil & gas company ; booking is the process by which they are added to the balance sheet . Contingent and prospective resource estimates are much more speculative and are not booked with the same degree of rigor, generally for internal company use only, reflecting a more limited data set and assessment maturity. If published externally, these volumes add to the perception of asset value , which in turn can influence oil & gas company share or stock value . The PRMS provides
8374-606: The measure. Presidential elections were held in February 2006. Museveni ran against several candidates, the most prominent of them being Kizza Besigye . On 20 February 2011, the Uganda Electoral Commission declared the incumbent president Yoweri Kaguta Museveni the winning candidate of the 2011 elections that were held on 18 February 2011. The opposition however, were not satisfied with the results, condemning them as full of sham and rigging. According to
8480-639: The north by South Sudan , to the west by the Democratic Republic of the Congo , to the south-west by Rwanda , and to the south by Tanzania . The southern part includes a substantial portion of Lake Victoria , shared with Kenya and Tanzania. Uganda is in the African Great Lakes region, it lies within the Nile basin, and has a varied equatorial climate . As of 2024 , it has a population of over 49 million, of which 8.5 million live in
8586-405: The official results, Museveni won with 68 percent of the votes. This easily topped his nearest challenger, Besigye, who had been Museveni's physician and told reporters that he and his supporters "downrightly snub" the outcome as well as the unremitting rule of Museveni or any person he may appoint. Besigye added that the rigged elections would definitely lead to an illegitimate leadership and that it
8692-473: The point when a sufficient accumulation of commercial oil and/or gas are proven by drilling, with authorized and funded development plans to begin production within a recommended five years. Reserve estimates are required by authorities and companies, and are primarily made to support operational or investment decision-making by companies or organisations involved in the business of developing and producing oil and gas. Reserve volumes are necessary to determine
8798-478: The probabilistic, cumulative sum of proven and probable reserves (with a probability of P50), also referred to in the industry as " 2P " (Proven plus Probable) The P50 designation means that there should be at least a 50% chance that the actual volumes recovered will be equal to or will exceed the 2P estimate. Possible additional reserves are attributed to known accumulations that have a lower chance of being recovered than probable reserves. Reasons for assigning
8904-399: The quantification of volumes is usually undertaken by integrated technical, and commercial teams composed primarily of geoscientists and subsurface engineers , surface engineers and economists. Because the geology of the subsurface cannot be examined directly, indirect techniques must be used to estimate the size and recoverability of the resource. While new technologies have increased
9010-466: The reporting of national or basin level oil and gas resource assessments. An oil or gas resource refers to known (discovered fields ) or potential accumulations of oil and/or gas ( i.e undiscovered prospects and leads ) in the subsurface of the Earth's crust. All reserve and resource estimates involve uncertainty in volume estimates (expressed below as Low, Mid or High uncertainty), as well as
9116-562: The resistance as an act of treachery, and he denounced the Banyoro in a book ( Ismailia – A Narrative Of The Expedition To Central Africa For The Suppression Of Slave Trade, Organised By Ismail, Khadive Of Egypt (1874)) that was widely read in Britain. Later, the British arrived in Uganda with a predisposition against the kingdom of Bunyoro and sided with the kingdom of Buganda . This would eventually cost Bunyoro half of its territory, which
9222-453: The rest of Buganda. The residents of the counties voted to return to Bunyoro despite the Kabaka's attempts to influence the vote. Having lost the referendum, KY opposed the bill to pass the counties to Bunyoro, thus ending the alliance with the UPC. The tribal nature of Ugandan politics was also manifesting itself in government. The UPC which had previously been a national party began to break along tribal lines when Ibingira challenged Obote in
9328-492: The result because of allegations of widespread fraud and irregularities. Another opposition candidate was 24 year old John Katumba. Uganda is located in southeast Africa between 1º S and 4º N latitude, and between 30º E and 35º E longitude. Its geography is very diverse, consisting of volcanic hills, mountains, and lakes. The country sits at an average of 900 meters above sea level. Both the eastern and western borders of Uganda have mountains. The Ruwenzori mountain range contains
9434-446: The same reporting guidelines, and are referred to collectively hereinafter as oil & gas . As with other mineral resource estimation , detailed classification schemes have been devised by industry specialists to quantify volumes of oil and gas accumulated underground (known as subsurface ). These schemes provide management and investors with the means to make quantitative and relative comparisons between assets, before underwriting
9540-452: The same strict definitions and controls. Analogs are applied to prospective resources in areas where there are little, or sometimes no, existing data available to inform analysts about the likely potential of an opportunity or play segment. Analog-only techniques are called yet-to-find ( YTF ), and involve identifying areas containing producing assets that are geologically similar to those being estimated and substituting data to match what
9646-591: The scheme. Parliament overwhelmingly voted in favour of a motion to censure Amin and investigate Obote's involvement. This shook the government and raised tensions in the country. KY further demonstrated its ability to challenge Obote from within his party at the UPC Buganda conference where Godfrey Binaisa (the Attorney General) was ousted by a faction believed to have the backing of KY, Ibingira and other anti-Obote elements in Buganda. Obote's response
9752-509: The significant cost of exploring for, developing and extracting those accumulations. Classification schemes are used to categorize the uncertainty in volume estimates of the recoverable oil and gas and the chance that they exist in reality (or risk that they do not) depending on the resource maturity. Potential subsurface oil and gas accumulations identified during exploration are classified and reported as prospective resources . Resources are re-classified as reserves following appraisal , at
9858-702: The slain Christian martyrs. In the mid-to-late 1990s, Museveni was lauded by western countries as part of a new generation of African leaders. His presidency has been marred, however, by invading and occupying the Democratic Republic of the Congo during the Second Congo War , resulting in an estimated 5.4 million deaths since 1998, and by participating in other conflicts in the Great Lakes region of Africa . He has struggled for years in
9964-548: The system used in the PRMS: Proven ( 1P ), Probable and Possible. Reserves defined as Probable and Possible are incremental (or additional) discovered volumes based on geological and/or engineering criteria similar to those used in estimating Proven reserves. Though not classified as contingent, some technical, contractual, or regulatory uncertainties preclude such reserves being classified as Proven. The most accepted definitions of these are based on those originally approved by
10070-481: The terminally ill Daudi Ochieng. Ochieng was an irony – although from Northern Uganda, he had risen high in the ranks of KY and become a close confidant to the Kabaka who had gifted him with large land titles in Buganda. In Obote's absence from Parliament, Ochieng laid bare the illegal plundering of ivory and gold from the Congo that had been orchestrated by Obote's army chief of staff, Colonel Idi Amin . He further alleged that Obote, Onama and Neykon had all benefited from
10176-466: The terms of the equation (see also Copula (probability theory) ), which preserve dependencies between parameters. These geostatistical methods are most commonly applied to prospective resources that still need to be tested by the drill bit. Contingent resources are also characterized by volumetric methods with analog content and uncertainty distributions before significant production has occurred, where spatial distribution information may be preserved in
10282-423: The territories north of the borders of Lake Victoria and east of Lake Albert and "south of Gondokoro ," sent a British explorer, Samuel Baker , on a military expedition to the frontiers of Northern Uganda, with the objective of suppressing the slave-trade there and opening the way to commerce and "civilization." The Banyoro resisted Baker, who had to fight a desperate battle to secure his retreat. Baker regarded
10388-408: The territory was extended beyond the borders of Buganda by signing more treaties with the other kingdoms ( Toro in 1900, Ankole in 1901, and Bunyoro in 1933 ) to an area that roughly corresponds to that of present-day Uganda. The status of Protectorate had significantly different consequences for Uganda than had the region been made a colony like neighboring Kenya , insofar as Uganda retained
10494-418: The volume of oil, water and gas that has been produced from a reservoir and the change in reservoir pressure to calculate the remaining oil & gas. It assumes that, as fluids from the reservoir are produced, there will be a change in the reservoir pressure that depends on the remaining volume of oil & gas. The method requires extensive pressure-volume-temperature analysis and an accurate pressure history of
10600-408: The wide range of volume uncertainties (typically P90-P50-P10 ). In the PRMS the range of volumes is classified by the abbreviations 1U , 2U and 3U again reflecting the degrees of uncertainty. Companies are commonly not required to report publicly their views of prospective resources but may choose to do so voluntarily. The total estimated quantity ( volumes ) of oil and/or gas contained in
10706-532: Was a protectorate of the British Empire from 1894 to 1962. In 1893, the Imperial British East Africa Company transferred its administration rights of territory consisting mainly of the Kingdom of Buganda to the British government. The IBEAC relinquished its control over Uganda after Ugandan internal religious wars had driven it into bankruptcy. In 1894, the Uganda Protectorate was established, and
10812-719: Was elected president in the 2011 , 2016 , and 2021 general elections. Human rights issues, corruption, and regional conflicts, such as involvement in the Congo Wars and the struggle against the Lord's Resistance Army (LRA), continue to challenge Uganda. Despite this, it has made progress in education and health, improving literacy and reducing HIV infection, though challenges in maternal health and gender inequality persist. The country's future depends on addressing governance and human rights, while leveraging its natural and human resources for sustainable development. Geographically, Uganda
10918-535: Was evidenced in part by hostilities between the British colonial authorities and Buganda prior to independence. Within Buganda, there were divisions – between those who wanted the Kabaka to remain a dominant monarch and those who wanted to join with the rest of Uganda to create a modern secular state. The split resulted in the creation of two dominant Buganda based parties – the Kabaka Yekka (Kabaka Only) KY, and
11024-439: Was given to Buganda as a reward from the British. Two of the numerous "lost counties" were restored to Bunyoro after independence . In the 1860s, while Arabs sought influence from the north, British explorers searching for the source of the Nile arrived in Uganda. They were followed by British Anglican missionaries who arrived in the kingdom of Buganda in 1877 and French Catholic missionaries in 1879. This situation gave rise to
11130-494: Was the first demonstration as to how Obote was losing control of his party. The battle over the Secretary-General of the party was a bitter contest between the new moderate's candidate – Grace Ibingira and the radical John Kakonge. Ibingira subsequently became the symbol of the opposition to Obote within the UPC. This is an important factor when looking at the subsequent events that led to the crisis between Buganda and
11236-548: Was to arrest Ibingira and other ministers at a cabinet meeting and to assume special powers in February 1966. In March 1966, Obote also announced that the offices of President and vice-president would cease to exist – effectively dismissing the Kabaka. Obote also gave Amin more power – giving him the Army Commander position over the previous holder (Opolot) who had relations to Buganda through marriage (possibly believing Opolot would be reluctant to take military action against
#511488