Exploration

Tanzania: Solo Oil says Ntorya-2 appraisal well likely to be drilled later this quarter

Tuesday, 18 October 2016 11:46

(Ecofin Agency) - Solo Oil in its update on the Ntorya appraisal well in Tanzania, announced that the site being prepared for the Ntorya-2 appraisal well has now been completed and the mobilization of the Caroil 2 rig from the Ntorya-1 well site is currently in progress.

The Ntorya-2 pad is situated about 1.5 km to the southwest of the Ntorya-1 well. The rig and associated equipment presently being transported to the new site, will be rigged up and tested, and will afterwards go through any necessary maintenance.

The company estimates that the Ntorya-2 appraisal well will possibly be drilled in December, 2016.

Solo Oil has a 25% interest in the Ruvuma Petroleum Sharing Agreement (PSA) which contains the Ntorya gas condensate find made in 2012 and the Ntorya-1 well which was tested at a rate of 20.1Mmscfd and 139bpd of condensate.

The Ruvuma PSA is operated by Aminex who hold the remaining 75% working interest.

Ntorya-1 in an independent report by Senergy (GB) has been said to hold gross 153 Bcf of gas in place, whereby 70 bcf are considered gross best estimate contingent resources. Another gross best estimate of undiscovered gas in place of more than 1 tcf has been ascribed to the Ntorya Prospect in total.

The Ntorya discovery is situated 20 km from the 36” Mtwara to Dar es Salaam gas pipeline which transports gas from various fields, including the Kiliwani North Field where Solo holds a 7.125% interest, to gas markets, north of Tanzania, Energy-pedia reports.

Advancing the Ntorya appraisal and its commercialization is now a key objective for Solo and we are pleased that rig mobilization is now underway.  The discovery of gas in high quality Cretaceous sandstone reservoirs in the onshore portion of the Ruvuma Basin represents very significant value and we look forward to confirmation of the spud date in due course,” Neil Ritson, Solo Oil’s Chairman said.

Anita Fatunji

 
Finance


 
Telecom


 
Public Management


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.