Statoil, ExxonMobil Make Natural Gas Discovery offshore Tanzania

December 9, 2013

Statoil and co-venturer ExxonMobil on December 6 announced a discovery in Block 2 offshore Tanzania.

The discovery of an additional 2-3 trillion cubic feet (Tcf)* of natural gas in place in the Mronge-1 well brings the total of in-place volumes up to 17-20 Tcf in Block 2.

Mronge-1 is drilled by the drillship Discoverer Americas, and the site is located 20 kilometres north of the Zafarani discovery, and at 2,500-metre water depth.

"We have initiated a new and ambitious drilling campaign offshore Tanzania following four successful discoveries during the first drilling phase. The Mronge-1 well discovered additional gas volumes and furthers the potential for a natural gas development in Tanzania. The new drilling program also allows us to fully explore the remaining exploration potential in Block 2," says Nick Maden, senior vice president for Statoil's exploration activities in the Western hemisphere.

The Mronge-1 discovery is the venture's fifth discovery in Block 2. It was preceded by three successful high-impact gas discoveries during the first drilling phase with Tangawizi-1, Zafarani-1 and Lavani-1, and a deeper discovery in a separate reservoir in Lavani-2.

"These are high value resources. The attractiveness is also demonstrated by a recent asset transaction in the neighboring block. The discoveries also demonstrate how Statoil's strategy of focusing on high-impact opportunities is paying off and supports the company's ambition for international growth," Maden says. 

"The Tanzania government is pleased to learn about additional gas resources discovered in Block 2," says Hon. Prof. Sospeter Muhongo, Minister for Energy and Minerals in Tanzania.

Source: Statoil Press Office, 2013