Ntorya-1 Well Starts Drilling in Ruvuma Basin

Source: www.gulfoilandgas.com 12/23/2011, Location: Africa

Aminex PLC announces that the Ntorya-1 well spudded on 22 December at 19:00 local time in the Ruvuma Basin onshore in Tanzania. Ntorya-1 is located 14 kilometres south of the Likonde-1 well, drilled in 2010, which proved the presence of an active petroleum system. The Ntorya-1 well targets the same high quality Basal Tertiary and Upper Cretaceous sands encountered in the Likonde-1 well. Aminex estimates that the Ntorya Prospect has a probability of success of around 20%, with mean recoverable resource potential of 100 million barrels of oil equivalent.

Ntorya-1 will be drilled as a vertical well to a planned total depth of 2026m, using the Caroil-6 rig and is expected to reach the main target in around 30 days from spud. Significant drilling events at Ntorya-1 will be reported to shareholders when appropriate.

Partners in the well are: Ndovu Resources Ltd (Aminex) 56.25% (operator); Tullow Tanzania B.V. 25%; and Solo Oil PLC 18.75%.


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Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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