Solo Oil Announces Start of Tanzania Survey

Solo Oil on Thursday announced the start of seismic surveying of its onshore Ntorya gas-condensate discovery in Tanzania.

“A programme of up to 250 kilometres of full-fold 2D seismic is currently in progress on the Ntorya Appraisal Licence and will be tied to the Likonde-1 well in the adjacent Lindi Licence of the Ruvuma Petroleum Sharing Contract (PSC),” Solo Oil said.

Participants in the Ruvuma PSA are Ndovu Resources Ltd (Aminex) 75% (operator) and Solo Oil Plc 25%.

According to Solo Oil this new seismic data will enhance the value of the original Ntorya discovery and optimise the location of future production wells.

The Ntorya-1 well was tested over an initial 3.5 metre sand interval at a rate 20.1 million cubic feet per day (equivalent to 3,350 barrels of oil per day), with an estimated additional 140 barrels per day of 48 degrees API condensate.  

Unrisked contingent in place gas resources of 1.1 trillion cubic feet have been estimated for Ntorya, of which 178 billion cubic feet are considered discovered by the Ntorya-1 well.

The Ruvuma PSC covers the onshore extension of the highly prolific basin in which multiple giant gas fields have been discovered offshore in both Tanzania and Mozambique during recent years.

"The Ntorya discovery is a significant onshore find in the Ruvuma Basin. It is now time to move the discovery to the next phase of the commercialisation process, including exploring the option to tie the Ntorya Field into the new $1.2 billion Chinese-built gas pipeline project currently being constructed from Mtwara to Dar es Salaam. This new 36" pipeline will pass approximately 20 kilometres from the Ntorya well and is reported to be nearing completion.  This creates the opportunity for Ntorya's production to be swiftly monetised. Solo will be working with the operator to secure gas allocation into the pipeline in what marks a potentially transformational event for Solo Oil," Neil Ritson, Solo Executive Director, commented.

Sign-up for our free weekly newsletter update via email here