{"id":5566,"date":"2017-01-16T21:05:21","date_gmt":"2017-01-16T21:05:21","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=5566"},"modified":"2017-01-24T11:55:35","modified_gmt":"2017-01-24T11:55:35","slug":"drilling-in-somalilands-odewayne-block-not-expected-till-2019","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/drilling-in-somalilands-odewayne-block-not-expected-till-2019\/","title":{"rendered":"Drilling in Somaliland\u2019s Odewayne Block not expected till 2019"},"content":{"rendered":"

Oil and gas exploration drilling in Odewayne block is two to three years away according to block joint venture partner Sterling Energy in its latest presentation to shareholders.<\/p>\n

The block which is operated by Genel Energy and currently in the third period (after recieving a further 2 year extension<\/a> to the current period of the Odewayne Production Sharing Agreement) expected to end in November 2018 still awaits the acquisition of 500km 2D seismic<\/a> data having completed airborne gravity and magnetics survey in 2013.<\/p>\n

As per the partners the acquisition of 500km 2D seismic data is scheduled to commence 1H 2017 and will include Odewayne block and acquisition of data will satisfy minimum work obligation for Period 3.\"Sterling<\/a><\/p>\n

Another acquisition of 1,000km of 2D seismic data is expected to commence in Period 4 commencing in November 2018 to May 2020 with one exploration well expected thereafter.<\/p>\n

Somaliland\u2019s Odewayne block is located on an unexplored Mesozoic rift basin and currently has no seismic control and no drilling to date.<\/p>\n

\"Odewayne<\/a><\/p>\n

The Rift basin is interpreted to be deep enough for Jurassic source rocks to be mature (3.5km+), possibly of Permo-Triassic Karoo age with an active petroleum system confirmed by oil seeps within the block.<\/p>\n

A sub-surface basin structure was \u00a0identified by 2013 aero-magnetic survey including a multiple 3-way fault controlled traps likely with sedimentary fill as key unknown.<\/p>\n

The seismic operations in Somaliland have been temporarily suspended for a while due to deterioration in the\u00a0security<\/a>\u00a0environment.<\/p>\n

Operator estimates of the potential of the basin are in the order of 1Bn bbls.<\/p>\n

The holders of the PSC are:\u00a0Genel Energy Somaliland Limited (Operator) 50%,\u00a0Sterling Energy (East Africa) Limited 40%,\u00a0Petrosoma Limited 10%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Oil and gas exploration drilling in Odewayne block is two to three years away according to block joint venture partner Sterling Energy in its latest presentation to shareholders. The block … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":5569,"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":[26,4657,976,4153,4727,2356,2409],"class_list":["post-5566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-2d-seismic","tag-aero-magnetic-survey","tag-genel-energy","tag-odewayne","tag-petrosoma-limited","tag-somaliland","tag-sterling-energy","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/01\/Odewayne-Block.png?fit=423%2C528&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1rM","jetpack-related-posts":[{"id":8062,"url":"https:\/\/www.oilnewskenya.com\/index.php\/somaliland-extends-odewayne-block-psa\/","url_meta":{"origin":5566,"position":0},"title":"Somaliland Extends Odewayne Block PSA","author":"","date":"September 28, 2019","format":false,"excerpt":"Sterling Energy Plc has announced that the Government of the Republic of Somaliland has granted a continued extension to the current period of the Odewayne Production Sharing Agreement. The expiry dates of the relevant exploration periods under the PSA shall now be: Third Period: 2 November 2020; Fourth Period (optional):\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\/2020\/03\/Odewayne-Block.png?fit=423%2C528&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6168,"url":"https:\/\/www.oilnewskenya.com\/index.php\/odewayne-somaliland-2d-seismic-expected-house-q4-2017\/","url_meta":{"origin":5566,"position":1},"title":"Odewayne Somaliland 2D seismic Expected in-house in Q4 2017","author":"","date":"July 30, 2017","format":false,"excerpt":"Final data from the Odewayne Somaliland 2D seismic campaign which commenced in March 2017 is due in-house Q4 2017 according to JV partner Sterling Energy. As of mid-June over 500 kilometers of 2D seismic had been acquired Chinese geophysical service company BGP in blocks SL-10B and SL-13 with 1000 kilometers\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\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6252,"url":"https:\/\/www.oilnewskenya.com\/index.php\/2d-seismic-acquisition-odewayne-sl-10b13-blocks-somaliland-complete\/","url_meta":{"origin":5566,"position":2},"title":"2D Seismic Acquisition On The Odewayne Block, Somaliland Complete","author":"","date":"September 4, 2017","format":false,"excerpt":"Joint venture partner in the blocks SL-10B and SL-13 Sterling Energy has announced that the Government sponsored 2D seismic program of 1,000kms full fold data on the Odewayne Block which commenced in March was completed on the 24th\u00a0August 2017. This part of the campaign satisfies and exceeds the minimum (500km)\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\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6450,"url":"https:\/\/www.oilnewskenya.com\/index.php\/somaliland-2d-seismic-acquisition-cost-genel-energy-15-million\/","url_meta":{"origin":5566,"position":3},"title":"Somaliland 2D Seismic Acquisition Cost Genel Energy $15 Million","author":"","date":"October 24, 2017","format":false,"excerpt":"Odewayne, SL-10B and SL-13 blocks operator Genel Energy has said that the Government sponsored 2D seismic program of 1,000kms full fold data on the Odewayne Block which commenced in\u00a0March\u00a0and completed on the 24th\u00a0August 2017 cost the operator $15 Million in its latest trading and operations update. 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The data which is being acquired in Saraar, Togdheer, Dadmaded, Marodijeh and Hawd regions is part of the Somaliland government owned speculative 2D seismic\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\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/5566","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=5566"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/5566\/revisions"}],"predecessor-version":[{"id":5570,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/5566\/revisions\/5570"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/5569"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=5566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=5566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=5566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}