Trade Resources Company News Norway's Statoil and Partner Exxonmobil Made a Third Gas Discovery Offshore Tanzania

Norway's Statoil and Partner Exxonmobil Made a Third Gas Discovery Offshore Tanzania

Norway's Statoil and partner ExxonMobil have made a third gas discovery offshore Tanzania, Statoil said Friday. 

The well in block 2 is part of a four-well drilling program. The next well will be the appraisal of Zafarani discovery, Statoil said. The company said it would announce updated total volumes in block 2 next year. 

"These three discoveries continue to support our confidence in the Block 2 potential in Tanzania. The Lavani-2 well tested the deeper Saffron target and this new discovery looks promising," senior vice president in Exploration International, Nick Maden, said. 

Statoil is operator of block 2 with 65% working interest; ExxonMobil holds the remaining 35%. 

Statoil was awarded the block 2 license in 2007. 

Source: http://news.chemnet.com/Chemical-News/detail-1780536.html
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Statoil Makes Third Gas Discovery off Tanzania
Topics: Chemicals