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Wednesday, June 12, 2013
Statoil and ExxonMobil have added another discovery notch to their belt in Tanzania with the drilling of the Tangawizi-1 well. According to reports the latest discovery added an additional 4-6 Tcf of natural gas to Block 2’s already impressive totals. Block 2 is now estimated to have between 15-17 Tcf of gas in-place; this includes the Zafarani and Lavani discoveries made previously.
The discoveries have proved 7-9 Tcf of recoverable gas resources and mark an important step towards a possible natural gas development in Tanzania for the partners.
“The success in Block 2 is the result of an ambitious and successful drilling campaign. We have so far completed five wells within 15 months and will continue with further wells later this year. Recoverable gas volumes in the range of 10-13 Tcf brings further robustness to a future decision on a potential LNG project,” says Tim Dodson, executive VP for Exploration in Statoil.
The discovery is located in water depths of 2,300 meters and was drilled by the Ocean Rig Poseidon drilling rig.
Statoil and ExxonMobil are also working to mature additional prospects in Block 2 and have recently acquired 3D seismic data in areas of Block 2 so far covered only by 2D seismic.
“I am very satisfied to see how the organization is able to rapidly follow up on the exploration success both by being able to develop a successful drilling strategy and to plan and complete the drilling operations in a safe and cost-effective manner,” says Dodson.
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