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OIL Officially found in TURKANA
Rank: New-farer Joined: 8/25/2010 Posts: 97 Location: Kenya
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Like the prophecy. Give link. @Hisah.
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Rank: Elder Joined: 9/23/2010 Posts: 2,218 Location: Sundowner,Amboseli
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hisah wrote:And some prophesies to help calm down the doubting Thomas' Kazi lazima iendelee liwe liwalo  Quote:The nation has been blessed and made great in many ways in previous days. But, the Lord says there will now come forth out of her a 'shooting branch' that will seem to come from nowhere. It will shoot forth as a wide stem, with wide branches, and will bear much, much fruit. The Lord says you'll see it and you'll know it. You'll hear about it. It'll be in the news headlines. It'll be broadcast all over the world! You'll be talked about. You'll even be the envy of other nations. They'll say; "Why Kenya? What is it about Kenya?" The Lord says My favour is coming upon you, O Kenya, for you've found favour in My sight! Quote:I will develop Kenya in technologies, international trade, and in international business dealings! I will raise Kenya to become a cosmopolitan society, and the world will notice! Quote:"You'll even be the envy of other nations. They'll say; "Why Kenya? What is it about Kenya?" The Lord says My favour is coming upon you, O Kenya, for you've found favour in My sight!" Nice one!Amen!! Guess you the link?  @SufficientlyP
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Capitalism=making money, the Minister is smart..it's up to you to make or find ways to benefit from this resource curse, If you wait for the Government u will wait until JC comes back LOL
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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And so you think GOK is in this for charity. Huh!! Neocolonialism!!! Win win, GOK – Tullow. Period!!!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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harrydre wrote:mwekez@ji wrote:harrydre wrote:There is need to stop this excitement and think:- 1) Are we being conned? I have been seeing big chunks of big buck changing hands. haya!2) Is the government taking a second to think before signing some of these agreements? What makes us believe there are 2 billion barrels of oil. What if these guys suck this whole thing in 5 yrs and disappear? What makes us think they will pump it after the 5th year while govt takes 100%. if they down their tools and demand a 50-50 then, what can we do? after all, we don't have the skills. revenues sharingThis is the point I ask, where are our Engineers. close to 60 yrs after independence and we still relying on outsiders. 3) The Turkana People, is anyone even thinking of these people? 1.  2. revenue sharing agreement: Tullow Oil/GOK Year 1: 80/20 Year 2: 60/40 Year 3: 40/60 Year 4: 20/80 Year 5: 00/100 3. what makes you think they will keep extracting after year 5? Maybe they know by 3rd year there will be very little crude left..so what do we get as Kenya? From the surveys, conservative estimates indicate deposits could amount to two billion barrels that have an extraction lifespan of between 15 to 20 years.GOK should keep vigil so that we don’t get a raw deal
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Rank: New-farer Joined: 8/25/2010 Posts: 97 Location: Kenya
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Rank: Veteran Joined: 11/17/2009 Posts: 2,038 Location: GA
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yap its now official kenya will become the top oil producing nation in east africa "The net pay encountered so far in Ngamia-1 is more than double that encountered in any of our East African exploration wells to date," said Angus McCoss, exploration director at Tullow. "We now look forward to the drilling and evaluation of the deeper potential of this well and the acceleration of our seismic and drilling campaigns in the region." http://online.wsj.com/ar...-CO-20120507-706220.html
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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This is huge 100 metres is what you find in Saudia, Iraq "The company said it had encountered a total net oil pay in excess of 100 metres across multiple reservoir zones in the Ngamia-1 well it is drilling on Block 10BB with its partner Africa Oil Corp. Tullow said the well, which is in Kenya's far northern county of Turkana, had so far been drilled to a depth of 1,515 metres. "A total pay count greater than 100 metres has now been discovered over a gross oil-bearing interval of 650 metres," http://af.reuters.com/ar...s/idAFJOE84605W20120507
Africa Oil President and CEO, Keith Hill, stated, "The total pay sand thickness in this well has far exceeded pre-drilling estimates and certainly has highly positive implications for numerous similar prospects on trend. Based on these results, we are working with our partner Tullow to source additional rigs and acquire additional seismic to accelerate the exploration campaign in this basin. Our goal in the near term will be to assess the size and extent of the potential of this newly discovered basin." http://ca.finance.yahoo....ia-1-well-112705679.html
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Rank: Veteran Joined: 11/17/2009 Posts: 2,038 Location: GA
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salala shares surge 36% on discovery "Africa Oil has been one of the hottest stocks on the Toronto Venture Exchange this year, skyrocketing 400% so far in 2012 to its recent price of $7.90." http://www.stockhouse.co...r-on-Kenya-oil-discovery
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Rank: Member Joined: 1/10/2008 Posts: 365
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reuters wrote:
While it is yet to strike commercial deposits
With all that oil found, we are yet to find commercial viability? What exactly are 'commercial deposits'
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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subzero wrote:reuters wrote:
While it is yet to strike commercial deposits
With all that oil found, we are yet to find commercial viability? What exactly are 'commercial deposits' If the find is bigger than the one in Uganda and any other in EA....what do u think? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 1/4/2010 Posts: 1,668 Location: nairobi
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btw..oil seems very easy to mine..since it floats above water and is found in pressurized aquifiers, all they need is to run water inside for the oil to float above. Am sure with a few years of trial and error, kenyan engineers can hack it.. ..i think its like adding water into a soda bottle that has oil at the bottom..the more water you add, the more the oil level rises to the top..any geology engineers in the house to expound? As Iron Sharpens Iron, So one Man Sharpens Another.
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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a4architect.com wrote:btw..oil seems very easy to mine..since it floats above water and is found in pressurized aquifiers, all they need is to run water inside for the oil to float above.
Am sure with a few years of trial and error, kenyan engineers can hack it.. What??? Some education here http://www.youtube.com/watch?v=QP2GejkLdwA"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 1/4/2010 Posts: 1,668 Location: nairobi
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Oil Drilling.. http://science.howstuffw...nergy/oil-drilling7.htm
Quote:Extracting Oil
After the rig is removed, the crew puts a pump on the well head.
In the pump system, an electric motor drives a gear box that moves a lever. The lever pushes and pulls a polishing rod up and down. The polishing rod is attached to a sucker rod, which is attached to a pump. This system forces the pump up and down, creating a suction that draws oil up through the well.
In some cases, the oil may be too heavy to flow. In these cases, the crew drills a second hole into the reservoir and injects steam under pressure. The heat from the steam thins the oil in the reservoir, and the pressure helps push it up the well. This process is called enhanced oil recovery. As Iron Sharpens Iron, So one Man Sharpens Another.
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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murchr wrote:[quote=a4architect.com]btw..oil seems very easy to mine..since it floats above water and is found in pressurized aquifiers, all they need is to run water inside for the oil to float above.
Am sure with a few years of trial and error, kenyan engineers can hack it.. What??? Some education here http://www.youtube.com/watch?v=QP2GejkLdwA[/quote] You are tooooo ambitious!!!!
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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[quote=a4architect.com]Oil Drilling.. http://science.howstuffw...nergy/oil-drilling7.htm[/quote] This is what is on the clip.... "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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Metasploit wrote:murchr wrote:[quote=a4architect.com]btw..oil seems very easy to mine..since it floats above water and is found in pressurized aquifiers, all they need is to run water inside for the oil to float above.
Am sure with a few years of trial and error, kenyan engineers can hack it.. What??? Some education here http://www.youtube.com/watch?v=QP2GejkLdwA[/quote] You are tooooo ambitious!!!! Is that a crime? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 1/4/2010 Posts: 1,668 Location: nairobi
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More Power to You - How Oil Is Drilled, Transported And Refined To Gasoline http://www.youtube.com/w...v98Zw&feature=fvwrelAs Iron Sharpens Iron, So one Man Sharpens Another.
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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[quote=a4architect.com]More Power to You - How Oil Is Drilled, Transported And Refined To Gasoline http://www.youtube.com/w...98Zw&feature=fvwrel[/quote] Architect this technology is none existent in this age tafuta one called the oil kingdom - its about Saudis Aramco "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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OIL Officially found in TURKANA
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