After doing some digging, here's what I found.
"According to 2D seismic conducted by TGS in 2014, there could be 30 billion barrels of crude across 15 blocks initially offered by Somalia's government."
""I think the potential is there for multiple tens of billions of barrels, recoverable, or even more over time," Anderson said. "Just the areas we are looking at would be in that range, in the upside case, and that is just in our blocks."
These two quotes are from the same article.
"According to seismic data processing company Spectrum, which acquired approximately 20,000 km of long-offset 2D seismic data offshore Somalia in 2015, there are strong indications of widespread distribution of good quality source rocks. Meanwhile, another subsurface data company, TGS, estimates un-risked resources for the Somali Basin could be around 30 billion barrels of oil. TGS has acquired more than 40,000 kilometres of 2D data, which covers the seven blocks on offer"
This is from a different article.
So long story short, 30billion barels of oils have been confirmed in Somalia in just 15 blocks so far. The ceo of one of the companies that did the seismic survey thinks that they think there's much more oil than what they have found so far. I read in some places, more than 100 billion barrels of Oil could be found.
They expect to start drilling in mid 2025.
Let's pray to God and ask him to give us a strong and corruption nationalist government that will negotiate top dollar for these oil reserves and then spend it on transforming the country. If we manage to do that, then we can develop and get out of poverty really fast and since our population is relatively small, we could even do this in a decade.
We're talking about trillions of dollars potentially, even if we see 30% of this money, assuming we extract all of it.
This doesn't include other resources like minerals, fisheries and farmlands. Somalia really has the potential to be rich.
We can eliminate poverty and gaajo by investing just a portion of that money in our farmlands and coasts for fishing. We can educate the entire country in the sciences, math and technology by investing some of that money and learn from the most developed countries in the world like Japan and the U.S. We can reduce infant mortality, and all mortality causes for both children and adults by building world class hospitals and learning from the best doctors in the world in how to run these hospitals. and after couple of decades, we would have a skilled work force ready to run every aspect of our country, and the country would be very developed once we get there.
But there's the small matter of corruption and defeating alshabab, both of which I don't think will happen because of qabiil.
imagine killing each other and dying for some random awoowe darod and hawiye and isaq who didn't even exist according to science, when we can collectively enjoy all this wealth in our own country. oh allah please don't kill me until I enjoy some of this
Oh God you gave us everything, please bestow upon us higher IQ as well!
Also may Allah curse all of the men who were responsible for destroying the country because If they didn't, Somalia could have been at least a decent country by now and we would have grown up there instead of being in the west.
"According to 2D seismic conducted by TGS in 2014, there could be 30 billion barrels of crude across 15 blocks initially offered by Somalia's government."
""I think the potential is there for multiple tens of billions of barrels, recoverable, or even more over time," Anderson said. "Just the areas we are looking at would be in that range, in the upside case, and that is just in our blocks."
These two quotes are from the same article.
"According to seismic data processing company Spectrum, which acquired approximately 20,000 km of long-offset 2D seismic data offshore Somalia in 2015, there are strong indications of widespread distribution of good quality source rocks. Meanwhile, another subsurface data company, TGS, estimates un-risked resources for the Somali Basin could be around 30 billion barrels of oil. TGS has acquired more than 40,000 kilometres of 2D data, which covers the seven blocks on offer"
This is from a different article.
So long story short, 30billion barels of oils have been confirmed in Somalia in just 15 blocks so far. The ceo of one of the companies that did the seismic survey thinks that they think there's much more oil than what they have found so far. I read in some places, more than 100 billion barrels of Oil could be found.
They expect to start drilling in mid 2025.
Let's pray to God and ask him to give us a strong and corruption nationalist government that will negotiate top dollar for these oil reserves and then spend it on transforming the country. If we manage to do that, then we can develop and get out of poverty really fast and since our population is relatively small, we could even do this in a decade.
We're talking about trillions of dollars potentially, even if we see 30% of this money, assuming we extract all of it.
This doesn't include other resources like minerals, fisheries and farmlands. Somalia really has the potential to be rich.
We can eliminate poverty and gaajo by investing just a portion of that money in our farmlands and coasts for fishing. We can educate the entire country in the sciences, math and technology by investing some of that money and learn from the most developed countries in the world like Japan and the U.S. We can reduce infant mortality, and all mortality causes for both children and adults by building world class hospitals and learning from the best doctors in the world in how to run these hospitals. and after couple of decades, we would have a skilled work force ready to run every aspect of our country, and the country would be very developed once we get there.
But there's the small matter of corruption and defeating alshabab, both of which I don't think will happen because of qabiil.
imagine killing each other and dying for some random awoowe darod and hawiye and isaq who didn't even exist according to science, when we can collectively enjoy all this wealth in our own country. oh allah please don't kill me until I enjoy some of this
Oh God you gave us everything, please bestow upon us higher IQ as well!
Also may Allah curse all of the men who were responsible for destroying the country because If they didn't, Somalia could have been at least a decent country by now and we would have grown up there instead of being in the west.
