Petroleum Africa
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Tuesday, July 11, 2017
Aminexplc and Solo Oil have appointed ioOil and Gas Consulting, a Baker Hughes and McDermott JV, to prepare a gas commercialization study to assist with the development of the Ntorya field in Tanzania. The study is designed to identify gas monetization options available, including potential early development facilities to supply gas to local market and enable near term revenue generation.
The Ntorya field is part of the partner’s Ruvuma PSA acreage in Tanzania.
The Ntorya-2 appraisal well was drilled earlier this year and successfully tested in March 2017 at a stabilized rate of 17 Mmcf/d. The well was suspended for future production. Aminex’s management estimates that the Ntorya appraisal area has Pmean GIIP of 466 Bcf.
Gas from longer-term development of the field is expected to be supplied to the natural gaspipeline and in conjunction with this,Aminex is keen to implement solutions for early monetization of Ntorya gas prior to full field development and construction of associated infrastructure. The company may explore options to collaborate further in the future with io oil & gas consulting and to leverage Baker Hughes, a GE Company, and McDermott expertise in developing gas infrastructure in Tanzania.
Aminex is in the process of applying for a 25-year development license and is working directly with the Tanzanian government to fast-track gas production for the benefit of its shareholders and the Tanzanian national economy.
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