{"id":2165,"date":"2014-12-12T12:05:18","date_gmt":"2014-12-12T11:05:18","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=2165"},"modified":"2015-09-07T11:23:56","modified_gmt":"2015-09-07T11:23:56","slug":"taipan-resources-awards-drilling-contracts-for-badada-1-well-in-kenyas-block-2b","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/taipan-resources-awards-drilling-contracts-for-badada-1-well-in-kenyas-block-2b\/","title":{"rendered":"Taipan Resources awards drilling contracts for Badada-1 well in Kenya\u2019s Block 2B"},"content":{"rendered":"<p>Block operator in Block 2B Taipan Resources has announced that together with other joint-venture partners, have executed a contract with Greatwall for the GW-190 land rig and have also contracted Aberdeen-based Norwell Engineering to manage the drilling operations of the Badada-1 well.<\/p>\n<p>The GW-190 land rig recently completed the drilling of the Sala-1 discovery in Block-9 of Anza Basin, Kenya, adjacent to Block-2B.<\/p>\n<p>Following the execution of the contracts Taipan has advised that drilling is expected to commence in early January 2015 with the well is expected to take approx. 70 days to drill and gross well costs are estimated at US$20 to US$25 million of which US$3.0 to US$3.75 million net will be funded by Tower Resources.<\/p>\n<p>\u201cWell-site preparations are gathering momentum for the drilling of the Badada-1 well during this exciting time for Tower&#8217;s shareholders which will see the Company drill its first frontier exploration well in Kenya in early January 2015. Success with Badada-1 would de-risk our subsurface thesis of the Anza Basin and result in material potential upside in Block-2B with further exploration drilling in 2016\/17,\u201d says Tower Resources CEO Graeme Thomson.<\/p>\n<p>The Badada-1 well is designed to test the Tertiary age reservoirs with the total depth of the well planned between 3,000 to 4,000 metres examining the test analogous geology to the Lokichar Basin where Tullow Oil and Africa Oil continue to unlock the potential of the Tertiary Rift sequence.<\/p>\n<p>The announcement by Taipan also says that the operator has awarded content a number of Kenyan companies contracts to provide well-site services including logistics, road repairs and the drilling of water wells and other services.<\/p>\n<p>Taipan&#8217;s estimate of gross mean unrisked prospective resources for Badada-1 is 251mmboe (Source: Sproule International February 2014) half of that by Tower which estimates the gross unrisked prospective resources ranging from 402mmboe (P10) to 16mmboe (P90) with a Pmean of 169mmboe.<\/p>\n<p>Taipan hasd earlier experienced hurdles in the drilling of Badada-1 after the local community sought an court <a href=\"http:\/\/bit.ly\/1ApJHgb\">injunction<\/a> on the grounds that the continuation of the exploration activities in the area would lead to loss of grazing land as well as environmental degradation.<\/p>\n<p>The High Court of Kenya on 10 December 2014 <a href=\"http:\/\/bit.ly\/1GjmSyN\">amended<\/a> the injunction served on 17 November 2014 which had allowed work to continue at the Badada-1 well-site. A further hearing is scheduled after the projected completion of the well, but will not affect our drilling timetable.<\/p>\n<p>Taipan Resources has 30% working interests while Premier Oil has 55% and Tower Resources 15%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Block operator in Block 2B Taipan Resources has announced that together with other joint-venture partners, have executed a contract with Greatwall for the GW-190 land rig and have also contracted &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/taipan-resources-awards-drilling-contracts-for-badada-1-well-in-kenyas-block-2b\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":1129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[166,213,642,842,1044,1058,1252,1418,1434,1779,2071,2458,2541],"class_list":["post-2165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-anza-basin","tag-badada-1-well","tag-drilling-operations","tag-exploration-drilling","tag-greatwall-drilling-company","tag-gw-190","tag-kenya","tag-lion-petroleum","tag-local-content","tag-norwell-engineering","tag-premier-oil","tag-taipan-resources","tag-tower-resources","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-2b.jpg?fit=750%2C668&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-yV","jetpack-related-posts":[{"id":2408,"url":"https:\/\/www.oilnewskenya.com\/index.php\/badada-1-well-drilling-update-in-block-2b-onshore-kenya\/","url_meta":{"origin":2165,"position":0},"title":"Badada-1 Well Drilling Update in Block-2B, onshore Kenya","author":"Samuel Kamau Mbote","date":"February 4, 2015","format":false,"excerpt":"\u00a0 Taipan Resources through its Kenya-based subsidiary Lion Petroleum in its new update drilling operations for the Badada-1 well Block-2B, onshore Kenya have reached to a total depth of 1,647 metres. A 13 3\/8- inch casing has been successfully run to 1,644 metres MDBRT and cemented in the 17 1\/2-inch\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/taipan-badada-1-well1.jpg?fit=576%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/taipan-badada-1-well1.jpg?fit=576%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/taipan-badada-1-well1.jpg?fit=576%2C1024&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":2254,"url":"https:\/\/www.oilnewskenya.com\/index.php\/drilling-of-badada-1-well-in-kenyas-block-2b-begins\/","url_meta":{"origin":2165,"position":1},"title":"Drilling of Badada-1 well in Kenya&#8217;s Block 2B begins","author":"Samuel Kamau Mbote","date":"January 8, 2015","format":false,"excerpt":"Block 2B operator Taipan Resources through its subsidiary Lion Petroleum has announced that the GW-190 rig has spudded Badada-1 well with the well planned to be drilled to a total depth f between 3000 and 4000 meters. The well which will take 70 days to complete will test tertiary age\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/taipan-badada-1-well1.jpg?fit=576%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/taipan-badada-1-well1.jpg?fit=576%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/taipan-badada-1-well1.jpg?fit=576%2C1024&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":1891,"url":"https:\/\/www.oilnewskenya.com\/index.php\/greatwall-drilling-company-to-drill-the-badada-prospect-in-kenya-block-2b\/","url_meta":{"origin":2165,"position":2},"title":"Greatwall Drilling Company to drill the Badada Prospect in Kenya Block-2B","author":"Samuel Kamau Mbote","date":"October 9, 2014","format":false,"excerpt":"Taipan Resources Inc. the operator in block 2B has announced the signing of a Letter of Intent with the Greatwall Drilling Company of China to contract the GW-190 land rig for the planned Badada-1 well (where Tower Resources has 15% working interest) onshore Block-2B, Kenya. The Badada-1 well is expected\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-2b.jpg?fit=750%2C668&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-2b.jpg?fit=750%2C668&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-2b.jpg?fit=750%2C668&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-2b.jpg?fit=750%2C668&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":2345,"url":"https:\/\/www.oilnewskenya.com\/index.php\/badada-1-well-drilling-update-in-kenyas-block-2b\/","url_meta":{"origin":2165,"position":3},"title":"Badada-1 Well Drilling Update in Kenya&#8217;s Block 2B","author":"Samuel Kamau Mbote","date":"January 21, 2015","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Taipan Resources through its Kenya-based subsidiary Lion Petroleum has provided the following update on drilling operations for the Badada-1 well, Block-2B, onshore Kenya. The Badada-1 well commenced drilling operations on 7 January 2015 and has been drilled to a total depth of 918 metres MDBRT (Measured Depth Below\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/taipan-badada-1-well1.jpg?fit=576%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/taipan-badada-1-well1.jpg?fit=576%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/taipan-badada-1-well1.jpg?fit=576%2C1024&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":2243,"url":"https:\/\/www.oilnewskenya.com\/index.php\/what-to-look-out-for-in-kenyas-oil-and-gas-sector-in-january-2015\/","url_meta":{"origin":2165,"position":4},"title":"What to look out for in Kenya\u2019s oil and gas sector in January 2015","author":"Samuel Kamau Mbote","date":"January 5, 2015","format":false,"excerpt":"2015 continues to look promising for the oil and gas sector in Kenya with various planned projects expected to continue while new companies will begin work in the various acreages. In our radar this January is the planned Badada-1 well in Block 9 located in the Anza basin which is\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/02\/bgp-kenya_01.jpg?fit=300%2C225&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2585,"url":"https:\/\/www.oilnewskenya.com\/index.php\/taipan-resources-hits-dry-hole-kenyas-badada-1-well-block-2b\/","url_meta":{"origin":2165,"position":5},"title":"Taipan Resources hits dry hole in Kenya\u2019s Badada-1 well","author":"","date":"February 23, 2015","format":false,"excerpt":"Taipan Resources Inc Kenya-based subsidiary Lion Petroleum has announced that the Badada-1 well has been drilled to a total depth of 3,500 metres MDBRT (Measured Depth Below the Rotary Table) and following completion of logging operations will be plugged and abandoned as a dry hole. The well encountered a thick\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/badada-1.jpg?fit=238%2C212&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/2165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=2165"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/2165\/revisions"}],"predecessor-version":[{"id":3504,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/2165\/revisions\/3504"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/1129"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=2165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=2165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=2165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}