Statoil New Discovery Adds 1.8 TCT Of Natural Gas Offshore Tanzania

Statoil Tanzania has announced that the Mdalasini-1 exploration well has resulted in a new natural gas discovery offshore Tanzania.

The discovery of an additional 1.0-1.8 trillion cubic feet (tcf) of natural gas in place brings the total of in-place volumes up to approximately 22 tcf in Block 2.

The Senior Vice President for Statoil’s exploration Mr. Nick Maden mentioned that “the Mdalasini-1 discovery marks the completion of the first phase of an efficient and successful multi-well exploration programme offshore Tanzania. Since the start of the programme in February 2012, we have drilled 13 wells and made eight discoveries, including Mdalasini-1. We still see prospectivity in the area, but after appraising the Tangawizi-1 high-impact discovery, which was made in March 2013, there will be a pause in the drilling to evaluate the next steps and to mature new prospects.”

Previously Statoil and co-venturer ExxonMobil have made seven discoveries in Block 2, including the five high-impact gas discoveries Zafarani-1, Lavani-1, Tangawizi-1, Mronge-1 and Piri-1, as well as the discoveries in Lavani-2 and Gilligiliani-1.

Statoil operates the licence on Block 2 on behalf of Tanzania Petroleum Development Corporation (TPDC) and has a 65% working interest.

According to recent estimates Tanzania’s total natural gas reserves stand at 55.08 tcf as of April 2015.

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