ETHIOPIA: Abay Basin Holds Potential for more than 2 Billion Barrels
Ethiopia’s Ministry of Mines and Petroleum has confirmed that studies carried out in Warra Illu within the Abau Basin shows the area could hold more than two billion barrels of oil.
According to the minister in charge, Tekele Uma Banti the license holder is ready to drill with all drilling preparations ready including outlines casting depths, rig review and site preparations. The government has already issued the environmental impact assessment for two wells including the first Ken Abo well expected to reach a total depth of 3850 meters.
The Abay or Blue Nile Basin covers an area of approximately 63,000km2 in the central northwestern plateau of Ethiopia is located in the northernmost failed arms of the Karroo Rift system and is one of the major sedimentary basins in Ethiopia for petroleum exploration.
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It basin contains a thick Late Permian to Cretaceous sediments, carbonate and shale source rocks, carbonate and clastic reservoirs, stratigraphic and structural traps, tightly cemented limestones, evaporites, and shales as sealing materials.
This basin has three petroleum systems identified including the Upper Hamanlei limestone formation (source)-Upper Hamanlei limestone formation (reservoir) petroleum system, Upper Hamanlei limestone formation (source)-Upper sandstone formation (reservoir) petroleum system, and black shales in Debre Libanose sandstone formation (source)-Debre Libanose sandstone formation (reservoir) petroleum system.
The Adigrat Sandstone remains to be a potential reservoir in the Abay Basin as well.
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