Tag Archives: Blocks 10BA

2D seismic acquisition to commence in Ethiopia’s Rift Basin Area Block

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Africa Oil and its partners have announced that 2D seismic acquisition of a 400 to 800 kilometer land and lake survey earlier planned for Q4 2014 will begin at the end of January at the Rift Basin Area Block in Ethiopia.

The frontier area that has no previous seismic data or wells saw the completion of a 36,500 Full Tensor Gradiometry FTG survey in 2013 that identified source rock outcrops. Oil slicks on the lakes have been identified in the block.

Rift Basin Block FTG Ethiopia Rift Basin Block

This is part of the planned work program by the block operator Africa Oil which is expected to range between 400 and 1200 kilometer for the initial exploration period which expires in February 2016.

The Rift Basin Area covers 42,519 square kilometers and is on trend and extending to the northeast of the highly prospective blocks in the Tertiary rift valley including the South Omo Block, and Kenyan Blocks 10BA, 10BB, 13T, and 12A.

Africa Oil is Operator and owns 50% in the Ethiopia Rift Basin Area Block with Marathon Oil Ethiopia Limited B.V., holding the remaining 50%.

2D seismic in Ethiopia’s Rift basin Area set for Q4

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Africa Oil is set to commence with a 2D seismic program in the Rift Basin Area, located north of the South Omo block in Ethiopia, next quarter.

This is part of the planned work program by the block operator Africa Oil which is expected to range between 400 and 1200 kilometer for the initial exploration period which expires in February 2016.

“In Ethiopia, the Company, as operator, and its partner are making preparations to acquire a minimum 400 kilometer 2D seismic program over the Rift Basin Area commencing in the fourth quarter,”  Africa Oil states in the latest operation update.

The seismic follows a 36,500 line kilometer Full Tensor Gradiometry (“FTG”) survey completed in October 2013.

The Rift Basin Area covers 42,519 square kilometers and is on trend and extending to the northeast of the highly prospective blocks in the Tertiary rift valley including the South Omo Block, and Kenyan Blocks 10BA, 10BB, 13T, and 12A.

Marathon Oil and Africa Oil both have 50 percent interest in the Rift Basin Area in Ethiopia with the latter maintaining operatorship of the block.

Marathon Oil which farmed into the block earlier this year however has the right to assume operatorship if a commercial discovery is made.

Following the February farm-out Marathon Oil paid Africa Oil an entry payment of $3 million in respect of past costs as well as agreed to fund $15 million of Africa Oil’s working interest share of joint venture expenditures in the Rift Basin Area.

Tullow Oil conducts media training in Kenya

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British explorer has conducted a new round of training for Kenyan journalist in what the company said is motivated by the need for better and accurate reporting with a majority of reporters and editors lacking the industry knowledge.

The two day training that started yesterday is being carried out by renowned geologist and lecturer from Robert Gordon University Dr. Anthony Wyatt will touch various subjects including introduction to upstream, health and safety, seismic, drilling, appraisal among others.

Also incorporated in the training include risks and economics of the oil and gas industry, as well as an operational update on its activities in Kenya.

The training has attracted around 20 journalists mainly from Nairobi as well as operational areas such as Kisumu and Turkana.

Tullow Oil alongside its venture partners has interest in several blocks including Blocks 10BA, 10BB, 10A, 12A, 13T and  block L8, offshore.