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Thursday, June 28, 2012
Aminex plc has announced the test results for the Ntorya-1 well gas discovery in the Ruvuma Basin onshore in southern Tanzania.
The well flowed gas at a maximum rate of 20.1 million standard cubic feet per day (the equivalent of 3,350 barrels of oil per day) and an estimated 139 bpd of condensate through a 1” choke. Small volumes of formation water were also produced. The data gathered during testing indicates an initial reservoir pressure of 5,424 psi. Detailed analysis of the pressure data and samples gathered during the testing operation will be carried out in the coming weeks. The company will conduct a seismic acquisition later in the year to identify further drilling targets.
Aminex CEO, Stuard Detmer, commented: “Today’s test results clearly demonstrate the strong commercial potential of the Ntorya discovery. The commercial potential is further enhanced by the presence of condensate with the gas and by the Tanzanian Government’s announcement last week that it has secured financing to build a 36” diameter gas pipeline from Mtwara, just 25 km away from the Ntorya-1 discovery, to Dar es Salaam. The presence of liquids with the gas is promising for future exploration in the Ruvuma block. Aminex’s upcoming seismic and drilling programs will be aimed at appraising this discovery and pursuing a number of other very encouraging leads on the Ruvuma block.”
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