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about 12 years ago

Statoil strikes gas off Tanzania

Statoil and co-venturer Exxon Mobil said that the Giligiliani-1 exploration well has resulted in a new natural gas discovery offshore Tanzania. The discovery of an additional 1.2 trillion cubic feet of natural gas in place in the Giligiliani-1 well brings the total of in-place volumes up to approxim

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Statoil and co-venturer Exxon Mobil said that the Giligiliani-1 exploration well has resulted in a new natural gas discovery offshore Tanzania.

The discovery of an additional 1.2 trillion cubic feet of natural gas in place in the Giligiliani-1 well brings the total of in-place volumes up to approximately 21 tcf in block 2.

The Giligiliani-1 discovery is located along the western side of block 2 at a 2,500-metre water depth.

“ This discovery has proven the gas play extends into the western part of block 2, which opens additional prospects. Our success rate in Tanzania has been high and opening up a new area will be key to continuing our successful multi-well programme, ” said Nick Maden, senior vice president for Statoil’s exploration activities in the Western Hemisphere.

The Giligiliani-1 discovery is the venture’s seventh discovery in block 2 and could be used as feed gas for an onshore LNG project the joint venture is planning.

Statoil operates the licence on block 2 on behalf of Tanzania Petroleum Development Corporation and has a 65% working interest. ExxonMobil holds the remaining 35%.

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