Second Major Discovery in Tanzania for Statoil
|
Rigzone Staff | Thursday, June 14, 2012 | 1:39 AM EST
Statoil announced Thursday that the logging results from its Lavani well, offshore Tanzania, confirm a new "high-impact discovery" for the Norwegian oil major.
Statoil said that preliminary estimates suggest a resource of three trillion cubic feet of gas in place. The Lavani well encountered 312 feet (95 meters) of "excellent quality" reservoir sandstone with high porosity and high permeability.
"The Lavani discovery demonstrates how Statoil’s strategy of focusing on high-impact opportunities is paying off and supports the company’s ambition for international growth," said Tim Dodson, Statoil's executive vice president for exploration, in a press statement.
Lavani is only around 10 miles south of Statoil’s recent Zafarani discovery, and Dodson pointed out that this confirms "the high potential" of the firm's Block 2 license.
"We are also pleased to announce that the recently-drilled Zafarani sidetrack added another one trillion cubic feet of gas in place. This is in addition to the up to five trillion cubic feet announced in February," he said.
The Lavani well, drilled in 7,875 feet (2,400 meters) of water depth is being drilling by Ocean Rig Poseidon (UDW drillship).
Statoil also noted that the Lavani discovery marks the seventh high-impact discovery made by it during the past 14 months. As well as Zafarani, these include: Skrugard and Havis in the Barents Sea, Johan Sverdrup in the North Sea, and Perefrino South and Pão de Açúcar in Brazil.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
RELATED COMPANIES
MORE FROM THIS AUTHOR
- ITEM Club: More Jobs Losses Expected in NE Scotland due to Oil Slump
- Shell Q&A: What Makes an Ideal Employer in Oil, Gas?
- Shell Takes First Place in Rigzone's Inaugural Ideal Employer Survey
- UK Government 'Must Recommit' to Oil, Gas Sector in Autumn Statement
- UK Government Gives Go-Ahead for Fracking in NW England
Most Popular Articles
- What's Next for Oil? Analysts Weigh In After Iran's Attack
- Venezuela Authorities Arrest Two Senior Energy Officials
- CNOOC Bags Contract for 4.6 MMcf of LNG for Philippines
- EU Gas Storage Nearly 60 Percent Full at End of Heating Season
- EIA Raises WTI Oil Price Forecasts
- ExxonMobil Makes FID on 6th Project in Contested Guyana Asset
- Is The Iran Nuclear Deal Revival Project Dead?
- ORE Catapult Looks for New CEO as Jamieson Steps Down
- Japan's Mizuho Invests $3.64MM in Bison's CCS Project in Alberta
- Equinor Advances First Battery Storage Projects in USA
- Macquarie Strategists Warn of Large Oil Price Correction
- JPMorgan CEO Says LNG Projects Delayed Mainly for Political Reasons
- USA, Venezuela Secretly Meet in Mexico as Oil Sanctions Deadline Nears
- EIA Ups Brent Oil Price Forecast for 2024 and 2025
- Petrobras Discovers Oil in Potiguar Basin
- EIR Says Oil Demand Will Not Peak Before 2030
- Biden Plans Sweeping Effort to Block Arctic Oil Drilling
- Pantheon Upgrades Kodiak Estimates to 1.2 Billion Barrels
- Dryad Flags Red Sea 'Electronic Warfare' Alert
- Russian Oil Is Once Again Trading Far Above the G-7 Price Cap Everywhere
- Oil and Gas Executives Predict WTI Oil Price
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Chinese Mega Company Makes Another Major Oilfield Discovery
- Oil and Gas Execs Reveal Where They See Henry Hub Price Heading
- Equinor Makes Discovery in North Sea
- ExxonMobil Racks Up Discoveries in Guyana Block Eyed by Chevron
- Macquarie Strategists Warn of Large Oil Price Correction
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Standard Chartered Reiterates $94 Brent Call
- Chevron, Hess Confident Embattled Merger Will Close Mid-2024