By Dominic Chopping
Norway's Statoil (STO) said Monday it has made an additional
natural gas discovery at the Mdalasini-1 exploration well offshore
Tanzania.
It said the discovery of an additional 1.0-1.8 trillion cubic
feet (tcf) of natural gas at the well brings the total of in-place
volumes to approximately 22 tcf in Block 2.
Nick Maden, senior vice president for Statoil's exploration
activities in the Western Hemisphere, said "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."
Statoil operates the licence on Block 2 on behalf of Tanzania
Petroleum Development Corporation (TPDC) and has a 65% working
interest.
ExxonMobil Exploration and Production Tanzania Limited holds the
remaining 35%.
-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter:
@WSJNordics
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