{"id":5809,"date":"2017-03-27T13:29:06","date_gmt":"2017-03-27T13:29:06","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=5809"},"modified":"2017-03-28T09:04:25","modified_gmt":"2017-03-28T09:04:25","slug":"tarach-1-well-now-classified-as-dry-cepsa","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/tarach-1-well-now-classified-as-dry-cepsa\/","title":{"rendered":"Tarach 1 Well Now classified as Dry &#8211; CEPSA"},"content":{"rendered":"<p>The Tarach 1 well drilled in April 2016 was dry as earlier reported by OilNews Kenya according to the latest SEC filing by joint venture partner ERHC.<\/p>\n<p>\u201cOperator analysis of the results if the Tarach-1 well shows that it did not encounter any reservoirs. The operator has therefore classified Tarach-1 a dry well.\u201d<\/p>\n<p>ERHC says the well has since been plugged and abandoned as OilNews Kenya reported in June.<\/p>\n<p>Despite the commissioner for petroleum Martin Heya at the Ministry of Energy and Petroleum having disclosed to OilNews Kenya that the well drilled in Kenya\u2019s Block 11A was <a href=\"http:\/\/bit.ly\/2f1h5oM\">dry<\/a> ERHC in November went ahead to declare that the well encountered significant <a href=\"http:\/\/bit.ly\/2iCgxsI\">oil shows<\/a> and highly-elevated gas readings.<\/p>\n<p>\u201cWe are yet to get the technical details from Compania Espanola de Petroleos (CEPSA) although we already have word that Tarach-1 was a dry well,\u201d Heya told OilNews Kenya in September two months prior to the announcement by ERHC.<\/p>\n<p>According to the September announcement ERHC reported that Tarach-1 well encountered two different hydrocarbon charged intervals, the first extending over 100 meters terming the results as encouraging.<\/p>\n<p>Earlier another source had told OilNews Kenya that the results from the well were <a href=\"http:\/\/bit.ly\/2bBalkX\">disappointing<\/a> without offering any further details.<\/p>\n<p>Tarach 1\u00a0was drilled from a 20-inch surface casing through intermediate casings down to 2,442 meters and set a seven-inch liner down to total depth (TD) of 3,000 meters with the Tarach-1 prospect\u2019s mean estimate of oil prospective unrisked resources earlier estimated at 66 million barrels.<\/p>\n<p>This new revelation could throw the future participation of CEPSA into doubt with the Spanish explorer having said it would only get involved in a second well in case of a hydrocarbons find in the first well. Already CEPSA has taken Kenya off its list of countries it holds licenses on its <a href=\"http:\/\/www.cepsa.com\/cepsa\/Who_we_are\/The_Company\/Activities\/Exploration_and_Production\/%20 \">website<\/a>. A source at the ministry of energy has however revealed that CEPSA has not informed the government of its exit from the block with indications being that the company could restart activity after the general elections possibly in September.<\/p>\n<p>The filings further show that the well could have cost ERHC higher than the $4.5 million earlier <a href=\"http:\/\/bit.ly\/2ctctfJ\">reported<\/a> with the company disclosing it was $9,635,637 in arrears of part of its proportionate share of drilling expenses for Kenya Block 11A.<\/p>\n<p>\u201cAs of December 31, 2016, the Company was $9,635,637 in arrears of part of its proportionate share of drilling expenses for Kenya Block 11A and therefore in default from May 2016 of its obligation to CEPSA. The drilling expenses are for the Tarach-1 exploratory well which was completed on Kenya Block 11A in summer 2016.\u201d<\/p>\n<p>The block is operated by CEPSA with 55 percent interest. State-run National Oil Corporation of Kenya (NOCK) and US-based corporation ERHC share the remaining stake, with 10 percent and 35 percent respectively.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Tarach 1 well drilled in April 2016 was dry as earlier reported by OilNews Kenya according to the latest SEC filing by joint venture partner ERHC. \u201cOperator analysis of &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/tarach-1-well-now-classified-as-dry-cepsa\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":1455,"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":[5,11],"tags":[261,431,494,796,1252,3143,1589,3128],"class_list":["post-5809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-discoveries","category-top-news","tag-block-11a","tag-cepsa","tag-compania-espanola-de-petroleos","tag-erhc","tag-kenya","tag-martin-heya","tag-ministry-of-energy-and-petroleum","tag-tarach-1","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/07\/kenya-block-11a-2.jpg?fit=300%2C258&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1vH","jetpack-related-posts":[{"id":5116,"url":"https:\/\/www.oilnewskenya.com\/index.php\/cepsa-erhc-hit-dry-well-at-kenyas-block-11a-tarach-1\/","url_meta":{"origin":5809,"position":0},"title":"CEPSA, ERHC Hit Dry Well at Kenya\u2019s Block 11A Tarach-1","author":"","date":"September 1, 2016","format":false,"excerpt":"Earlier reports by OilNews Kenya that the Tarach-1 well in Block 11A was disappointing have now been confirmed with the commissioner for petroleum Martin Heya at the Ministry of Energy and Petroleum saying\u00a0the Spanish explorer Compania Espanola de Petroleos\u00a0 (CEPSA)was a dry well. According to the commissioner the block operator\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\/2016\/04\/Tarach-1-well-rig.png?fit=551%2C412&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/04\/Tarach-1-well-rig.png?fit=551%2C412&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/04\/Tarach-1-well-rig.png?fit=551%2C412&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5400,"url":"https:\/\/www.oilnewskenya.com\/index.php\/erhc-reports-oil-gas-shows-at-kenyas-tarach-1-well\/","url_meta":{"origin":5809,"position":1},"title":"ERHC Reports Oil &#038; Gas Shows At Kenya\u2019s Tarach-1 Well","author":"","date":"November 16, 2016","format":false,"excerpt":"American explorer ERHC has said it encountered significant oil shows and highly-elevated gas readings at the Tarach-1 well located in Block 11A indicating the presence of a working petroleum system with the strong possibility of significant hydrocarbon generation. According to the latest update from the oil explorer Tarach-1 well encountered\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\/12\/block-11A.jpg?fit=234%2C215&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6395,"url":"https:\/\/www.oilnewskenya.com\/index.php\/cepsa-withdraws-kenyas-block-11a\/","url_meta":{"origin":5809,"position":2},"title":"CEPSA Withdraws From Kenya\u2019s Block 11A","author":"","date":"October 11, 2017","format":false,"excerpt":"CEPSA Kenya Limited, an affiliate of Compa\u00f1\u00eda Espa\u00f1ola de Petr\u00f3leos, S.A.U. has withdrawn from Block 11A months after the unsuccessful drilling of Tarach 1 well OilNews Kenya has learnt. Confirming the exit principal secretary in the Ministry of Energy and Petroleum Andrew Kamau told OilNews Kenya that the Spanish explorer\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\/07\/kenya-block-11a-2.jpg?fit=300%2C258&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4758,"url":"https:\/\/www.oilnewskenya.com\/index.php\/cepsa-erhc-disappointed-at-kenyas-block-11a-tarach-1-well-source\/","url_meta":{"origin":5809,"position":3},"title":"CEPSA, ERHC Disappointed at Kenya\u2019s Block 11A Tarach-1 well &#8211; Source","author":"","date":"June 15, 2016","format":false,"excerpt":"OilNews Kenya has learnt that the search for oil and gas at Tarach-1 in Kenya\u2019s Block 11A has not been successful and works are ongoing to plug the well according to a reliable source. The drilling that commenced on 14th April 2016 using the SMP 106 rig in the north\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\/2016\/04\/Tarach-1-well-rig.png?fit=551%2C412&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/04\/Tarach-1-well-rig.png?fit=551%2C412&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/04\/Tarach-1-well-rig.png?fit=551%2C412&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":4578,"url":"https:\/\/www.oilnewskenya.com\/index.php\/cepsa-erhc-commence-drilling-at-tarach-1-prospect-in-kenyas-block-11a\/","url_meta":{"origin":5809,"position":4},"title":"CEPSA, ERHC Commence Drilling At Tarach-1 Prospect in Kenya\u2019s Block 11A","author":"","date":"April 15, 2016","format":false,"excerpt":"The SMP drilling rig has spud at the wildcat Tarach-1 drilling prospect (situated in the central part of the Tarach basin) with the well expected to take 60 days to complete. The drilling which started at 6pm on Thursday in the north western most block in Kenya targets to drill\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\/2016\/04\/Tarach-1-well-rig.png?fit=551%2C412&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/04\/Tarach-1-well-rig.png?fit=551%2C412&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/04\/Tarach-1-well-rig.png?fit=551%2C412&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5071,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tarach-1-well-in-kenyas-block-11a-cost-cepsa-erhc-over-25m\/","url_meta":{"origin":5809,"position":5},"title":"Tarach-1 well in Kenya\u2019s Block 11A cost CEPSA, ERHC over $25M","author":"","date":"August 24, 2016","format":false,"excerpt":"The Tarach-1 well which commenced drilling on April 14th 2016 in Block 11A could have cost the two joint venture partners Compania Espanola de Petroleos (CEPSA) operator* and ERHC over $25 million going by exploration and drilling expenses filed by ERHC to the United States Securities And Exchange Commission. ERHC\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\/2016\/04\/Tarach-1-well-rig.png?fit=551%2C412&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/04\/Tarach-1-well-rig.png?fit=551%2C412&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/04\/Tarach-1-well-rig.png?fit=551%2C412&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/5809","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=5809"}],"version-history":[{"count":3,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/5809\/revisions"}],"predecessor-version":[{"id":5818,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/5809\/revisions\/5818"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/1455"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=5809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=5809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=5809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}