{"id":2729,"date":"2015-03-19T08:43:20","date_gmt":"2015-03-19T08:43:20","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=2729"},"modified":"2015-05-18T19:37:18","modified_gmt":"2015-05-18T19:37:18","slug":"future-drilling-kenyas-block-2b-unlikely-without-farm","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/future-drilling-kenyas-block-2b-unlikely-without-farm\/","title":{"rendered":"Future drilling in Kenya\u2019s block 2B unlikely without a farm-out"},"content":{"rendered":"

Following the disappointment at the Badada-1 well<\/a> in Block 2B in February the joint venture partners led by Tower Resources who says it expects no significant expenditure in 2015 with any extra drilling likely to require a farm-out.<\/p>\n

Tower Resources says it has already met all the financial commitments having paid $3 million of the on the budgeted US$25.8 million gross well cost. The partners also made small net savings of $3.8 million with the well having taken a total of 51 days to drill compared to the Operators initial estimate of 70 days.<\/p>\n

The Operator, Lion Petroleum a subsidiary of Taipan Resources is in discussions with the Kenyan Ministry of Energy as how best to complete its evaluation of the remaining prospectivity of Block-2B.<\/p>\n

Analysis are to be performed on samples and data obtained with Tower saying\u00a0 information obtained will enable the partners to make better predictions of seal and source for any future drilling, thus reducing prospect specific risks<\/p>\n

Badada-1 was the first well to target Tertiary rather than Cretaceous age source and reservoirs within the Anza Basin.<\/p>\n

Meanwhile a hearing on a suit<\/a> against objections to the drilling of badada-1 well is expected back in Kenyan courts soon in a case that has Taipan Resources Inc., Premier Oil plc, the County Government of Wajir, the Ministry of Energy and Petroleum, the Attorney General and the National Land Commission also enjoined.<\/p>\n","protected":false},"excerpt":{"rendered":"

Following the disappointment at the Badada-1 well in Block 2B in February the joint venture partners led by Tower Resources who says it expects no significant expenditure in 2015 with … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":2730,"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":true,"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":[213,274,1252,1584,2989,2459,2990,2991,2541],"class_list":["post-2729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-badada-1-well","tag-block-2b","tag-kenya","tag-ministry-of-energy","tag-premier-oil-plc","tag-taipan-resources-inc","tag-the-county-government-of-wajir","tag-the-ministry-of-energy-and-petroleum","tag-tower-resources","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/03\/Block-2B.png?fit=560%2C420&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-I1","jetpack-related-posts":[{"id":2254,"url":"https:\/\/www.oilnewskenya.com\/index.php\/drilling-of-badada-1-well-in-kenyas-block-2b-begins\/","url_meta":{"origin":2729,"position":0},"title":"Drilling of Badada-1 well in Kenya’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 "Top News"","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":2096,"url":"https:\/\/www.oilnewskenya.com\/index.php\/court-lifts-temporary-injunction-order-barring-drilling-of-badada-1-in-kenyas-block-2b\/","url_meta":{"origin":2729,"position":1},"title":"Court lifts Temporary Injunction Order barring drilling of Badada-1 in Kenya\u2019s Block 2B","author":"Samuel Kamau Mbote","date":"November 27, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] The high court in Nairobi has allowed Block 2B operator Taipan Resources to continue with drilling preparations after lawyers representing the Company's wholly-owned Kenya-based subsidiary, Lion Petroleum Inc. sought a variation to the conservatory orders issued with respect to drilling activities. The court which agreed to vary its\u2026","rel":"","context":"In "Oil Politics"","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"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":2165,"url":"https:\/\/www.oilnewskenya.com\/index.php\/taipan-resources-awards-drilling-contracts-for-badada-1-well-in-kenyas-block-2b\/","url_meta":{"origin":2729,"position":2},"title":"Taipan Resources awards drilling contracts for Badada-1 well in Kenya\u2019s Block 2B","author":"Samuel Kamau Mbote","date":"December 12, 2014","format":false,"excerpt":"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. The GW-190 land rig recently completed the drilling\u2026","rel":"","context":"In "Top News"","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":2065,"url":"https:\/\/www.oilnewskenya.com\/index.php\/badada-1-well-likely-to-delay-as-court-injunction-halts-operations-in-kenyas-block-2b\/","url_meta":{"origin":2729,"position":3},"title":"Badada-1 well likely to delay as court injunction halts operations in Kenya\u2019s Block 2B","author":"Samuel Kamau Mbote","date":"November 18, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Taipan Resources\u00a0 has announced that the Company's wholly-owned Kenya-based subsidiary, Lion Petroleum Inc. has received a formal notice from the High Court of Kenya of a temporary injunction preventing the Company from working on the Badada-1 well site in Block 2B, north east Kenya. Adjoined to Lion in\u2026","rel":"","context":"In "Oil Politics"","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"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":3028,"url":"https:\/\/www.oilnewskenya.com\/index.php\/premier-oil-withdraws-kenyas-block-2b\/","url_meta":{"origin":2729,"position":4},"title":"Premier Oil withdraws from Kenya\u2019s Block 2B","author":"","date":"May 28, 2015","format":false,"excerpt":"Kenya\u2019s block 2B operator Taipan Resources has announced that its majority partner Premier Oil with 55% interest has exercised their right to withdraw from the license effective April 30th\u00a02015. Following the withdrawal of Premier Oil the working interests for Taipan through its Kenya-based subsidiary Lion Petroleum and Tower Resources plc\u2026","rel":"","context":"In "Top News"","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\/03\/Block-2B.png?fit=560%2C420&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/03\/Block-2B.png?fit=560%2C420&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/03\/Block-2B.png?fit=560%2C420&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":1723,"url":"https:\/\/www.oilnewskenya.com\/index.php\/badada-1-well-set-to-spud-in-late-2014early-2015\/","url_meta":{"origin":2729,"position":5},"title":"Badada-1 well set to spud in late 2014\/early 2015","author":"Samuel Kamau Mbote","date":"September 4, 2014","format":false,"excerpt":"Tower resources has announced that following the completion of the farm in to block 2B it is now readying to drill the badada-1 well which is\u00a0 50km to the south of Sala-1 which has already returned successful results in block 9in late 2014\/early 2013.. The badada-1 well will serve as\u2026","rel":"","context":"In "Top News"","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\/2729","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\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=2729"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/2729\/revisions"}],"predecessor-version":[{"id":2731,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/2729\/revisions\/2731"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/2730"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=2729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=2729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=2729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}