Block 1 is a conventional gas development located in ultra-deepwater in Tanzania and is operated by Shell Tanzania. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Block 1 was discovered in 2011, lies in block Block 1, with water depth of around 5,904 feet. Buy the profile here.
The project is currently in feasibility stage and is expected to start commercial production in 2029. Final investment decision (FID) of the project will be approved in 2025. The development cost is expected to be $14,737 m.
Field participation details
The field is owned by Pavilion Energy, PT Medco Daya Abadi Lestari and Shell.
Production from Block 1
Production from the Block 1 conventional gas development project is expected to begin in 2029 and is forecast to peak in 2041, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2087.
Contractors involved in the Block 1 conventional gas field
Some of the key contractors involved in the Block 1 project as follows.
Other Contractors: Odfjell Drilling and Technip Energies
For more details on the Block 1 Conventional Gas Field, buy the profile here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.