Image

Statoil has made a new gas discovery at the Mdalasini-1 exploration well off the Tanzanian coast.

The discovery of an additional one trillion cubic feet (tcf) to 1.8tcf of natural gas in the well brings the total of on-place volumes to 22tcf in Block 2.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Statoil drilled the Mdalasini-1 well with a 100% working interest. The Mdalasini-1 discovery is situated at a 2,296m water depth, at the southernmost edge of the block.

The company made the new gas discovery in Tertiary and Cretaceous sandstones.

Statoil senior vice-president of exploration activities in the western hemisphere Nick Maden said: "The Mdalasini-1 discovery marks the completion of the first phase of an efficient and successful multi-well exploration programme offshore Tanzania.

"Since the start of the programme in February 2012, we have drilled 13 wells and made eight discoveries, including Mdalasini-1.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
"The Mdalasini-1 discovery marks the completion of the first phase of an efficient and successful multi-well exploration programme offshore Tanzania."

"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 and its co-venturer ExxonMobil have made seven discoveries in Block 2.

The licence on Block 2 is being operated by Statoil on behalf of Tanzania Petroleum Development Corporation (TPDC).

Statoil holds a 65% working interest. ExxonMobil Exploration and Production Tanzania owns the remaining 35% stake.

TPDC has the right to a 10% working interest in the event of a development phase.

Image: Statoil operates the licence on Block 2 on behalf of Tanzania Petroleum Development Corporation. Photo: courtesy of Statoil.