BG Group discovers fourth Tanzanian gas reserve

Submitted by Charlotte Owen on Mon, 2012-03-26 17:07

26th March 2012

British energy company strikes lucky with fourth east African well

Coasts offshore Tanzania are rich in gas reserves

A fourth gas discovery has been found in a well offshore southern Tanzania, UK oil and gas company, BG Group announced on 26 March.

Recoverable resources could be in the range of 2.5 to 4.4 tr cubic feet (tcf) of gas from the Jodari-1 exploration site.

All four wells so far drilled in Tanzania, as part of a partnership between BG Group and Ophir Energy plc, have been successful. Total gross recoverable resources now stand at approximately 7 tcf of gas.

Jodari-1 is 39km offshore southern Tanzania in a water depth of 1150m. It is part of the current three-to-four well exploration programme, which also includes the acquisition of 2500 km sq of 3D seismic data in Block 1.

The next target for drilling is the Mzia-1 location in Block 1, 23km to the north of Jodari-1. The discoveries announced previously are Chaza-1 in Block 1, and the Chewa-1 and Pweza-1 discoveries in Block 4.

BG Group is active on 25 countries on five continents. It specialises in exploration and production, Liquefied Natural Gas (LNG) and transmission and distribution business interests.