Statoil, ExxonMobil Make Third High Impact Discovery Offshore Tanzania

Statoil and co-venturer ExxonMobil have today announced their third high impact discovery in Block 2 offshore Tanzania in a year. The discovery of 4-6 TCF of natural gas in place in the Tangawizi-1 well brings the total in-place volumes up to 15-17 TCF.

“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 vice president for Exploration in Statoil.

The Tangawizi-1 discovery was made in sandstone of tertiary age. The new discovery is located 10 kilometres from the Zafarani and Lavani discoveries. It is located in water depth of 2,300 metres and was drilled by the Ocean Rig Poseidon drilling rig.

Statoil and co-venturer 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 organisation 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.

Ocean Rig Poseidon

The Tangawizi-1 discovery is the venture’s fourth discovery within a year, preceded by two high-impact discoveries with Zafarani-1 and Lavani-1, and a deeper discovery in a separate reservoir with Lavani-2.

The successful drilling results from Block 2 demonstrate how Statoil’s strategy of focusing on high-impact opportunities is paying off and supports the company’s ambition of international growth.

“The Tanzania government is pleased to learn about additional gas resources discovered in Block 2 and remains optimistic on future developments,” says Hon. Prof. Sospeter Muhongo, Minister for Energy and Minerals in Tanzania.

Statoil operates the licence on Block 2 on behalf of Tanzania Petroleum Development Corporation (TPDC) and has a 65% working interest, with ExxonMobil Exploration and Production Tanzania Limited holding the remaining 35%. Statoil has been in Tanzania since 2007, when it was awarded the operatorship for Block 2.

Press Release, March 18, 2013

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply