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Tanzanian Gas Law Not Likely Before 2015

…Bill expected in parliament in November 2014
By Sa’ad Bashir

Given the time needed for parliamentary discussion and debate, it is unlikely that the legal framework on natural gas in Tanzania will become an act of law in 2014.

The draft bill is expected to be finalized by November 2014 and be presented for the Parliament’s consideration afterwards, according to Sospeter Muhongo, the country’s Energy and Minerals Minister Professor. The minister, speaking in the course of an East Africa Community meeting last weekend, said the Tanzanian Government is expecting final remarks from various stakeholders and will soon finalize the draft gas bill.

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BG Scores One More in The Rovuma

The BG led partnership in Tanzania has made one more gas discovery in the deepwater Rovuma Basin off the coast of Tanzania.

Taachui-1 ST1 well, drilled by the Deepsea Metro I drillship encountered gas in a single gross column of 289m within the targeted Cretaceous reservoir interval. Net pay totalled 155m. The well was drilled to a Total Depth of 4215mMD. Taachui-1 ST1 began as Taachui-1, drilled close to the western boundary of Block 1.

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Uganda Refinery: Shortlist Down To Four

Refinery

Four of the six shortlisted firms/ consortia have submitted detailed proposals to the Government of Uganda (GOU) for the role of Lead Investor/Operator for the development of the 60,000 barrels per day (BPD) oil refinery and related downstream infrastructure in the country.

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America Leads the World in Crude Production Surge

By Angus Djibouti
Crude oil production in the United States reached 11.18 MMBOPD in 2013, representing an increase of 1.14 MMBOPD over 2012 figures. It’s the highest level since 1972, according to the May 2014 edition of OPEC’s Monthly Oil Market Report (MOMR). Total crude oil imports into the country have dropped from 10.08 MMBOPD, when tight oil production took off in January 2008, to 7.76 MMBOPD in December 2013, the Report adds.

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TOTAL To Utilise Seadrill’s West Jupiter On Egina Project

By Foluso Ogunsan

French major TOTAL has awarded Seadrill Limited  a five year contract for employment of the newbuild ultra-deepwater drillship West Jupiter, in support of the EGINA ultra-deep offshore project in Nigeria.

“The contract .. has a total revenue potential for the primary contract term of approximately $1.1 billion inclusive of mobilization”, Seadrill says in a statement. “Seadrill’s total consolidated backlog stands at approximately $20 billion with the execution of this contract”.

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Seplat: Why we Lost The Shell Bid

Dr. A.B.C. Orjiako, Seplat Chairman

Seplat says it failed to win the most prized acreage in the ongoing divestment by Shell, TOTAL and ENI because its bid “was not the highest priced offer”.
Nigeria’s largest indigenous E&P company explains that this was why its “strong bid” for Oil Mining Leases (OMLs) 29 and 24 “did not lead to the company’s selection as preferred bidder”.

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Azura To Pay $3 Per Thousand Cubic Feet Of Gas

Seplat has signed a five-year Gas Sales Agreement(GSA) with Azura Edo Independent Power Project, to supply 116 MMscf/d at $3/Mscf from 2017, the company says in its interim report.

The Nigerian E&P firm assures that its expansion of the Oben gas processing facilities remains on track, to enable the company expand production, in order to meet the fast growing domestic demand for gas.

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Tanzania’s Worried About How To Spend The Gas Money

Jakaya Kikwete

By Sully Manope

The President of Tanzania says “there will be a lot of money coming to the government” when the massive gas deposits discovered in the country’s offshore are developed. “The question will be how to spend such money judiciously and effectively”, he told the weekly newsletter Tanzaniainvest. “And for this good leadership and good plans will be key”.

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Nigerian Minnows Get Aggressive

Dada Thomas

Century moves to location, Newcross on third well, Frontier has a five well contract, NDPR completes gas well and boosts oil production…in the last six months.

The Nigerian rig tracking sheet shows a continuing uptake of drilling activity for Nigerian minnows, compared with the majors who have run the industry in the last 50 years. “There’s a noticeable diversity in the rig count”, says Sam Ojibua, an Africa focused oil and gas analyst. “Up until five years ago, this wasn’t evident”. The country’s rig count was almost entirely equated to the report produced by the exploration subcommittee of the Oil Producing Trade Section (OPTS) of the Lagos Chamber of Commerce, largely a grouping of majors.

But the times are a changing, as they say. Oil majors in Nigeria are having grave challenges with their work programmes, especially in acreages where they are in joint venture with the state hydrocarbon company NNPC. Whereas TOTAL and Chevron were absent from shallow water and land rig activities in April 2014, companies like Conoil, Sahara and Newcross (the last two having only arrived at the drillsite for the first time ever), have maintained rigs on both land and swamp locations in the last four months. In that space of time, all of them have either made discoveries or confirmed extensions of known pools of hydrocarbon by appraisal drilling. Conoil, Sahara and Newcross collectively hold working interests in over 7,200 sq kilometres of acreages on eight oil prospecting leases and two oil mining leases. After having been held back by partner challenges, regulatory issues, and/or plain old fashioned lethargy, these companies are now charged.

And whereas these threesome are holders of both producing and exploratory acreages, they are joined on the patch by several marginal field companies, already producing between 1,000-5,000BOPD from small fields, and keen on maintaining, or adding to the output, for as long as they possibly can.

  • Frontier Oil has a contract with a rig company to complete two gas wells, drill a water injection well and drill two new wells, one of which is an appraisal hole. In effect, it’s a five well contract, to be implemented from June 2014.
  • Niger Delta Petroleum completed one well on its Ogbele field as a dual completion gas well, completed and hooked up another as an oil well, which almost doubled its output.
  • Pillar drilled and completed two wells on its Umusati field in the last four months, releasing the rig at the end of March.
  • Platform has just completed work over of some wells, which increased its production by 50% of what it was producing before February 2014.
  • Energia released a rig at the end of March after completing yet another well. This very aggressive player has 8,000BOPD in capacity.
  • Prime Energy is ready to tackle a second well. They’ve been producing from one for upwards of a year.
  • Century Energy finally moved a rig to location on the Atala fields in the swamps of Bayelsa State, after waiting 14 months to resolve the state government’s suspicion of its farm in deal. It will spend 60days reentering and conducting an extended test on the only well on the field, drilled by Shell.

Comprehensive monthly updates of technical and investment activities of Nigerian independents are available here.


The Many Unknowns Of Mozambique’s LNG Development

The Rovuma discoveries are “a potential ‘game changer’ for Mozambique, everyone agrees, but one of the biggest risks to strategic decision-making is the many unknowns surrounding the development of those reserves as an LNG project, writes Anne Frühauf.

Operators Anadarko and ENI have found over 100Trillion Cubic feet of gas in the Rovuma basin since February 2010. They have announced joint development of fields. Anadarko has repeatedly insisted it would deliver first cargo of LNG gas from Mozambique in 2018.

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