Significant Gas Discovery in Mozambique's Offshore Rovuma Basin

A major gas discovery has been announced in Mozambique's offshore Rovuma Basin, with the Tubarao exploration well encountering more than 34 net meters of natural gas pay and no water in a high-quality Eocene-age reservoir. The well was drilled to a total depth of approximately 4237 meters in water depths of around 900 meters. The Tubarao discovery is significant as it opens up an entirely new play style, which has additional opportunities in Mozambique's Offshore Area 1.

Key Takeaways:

  • The Tubarao exploration well, drilled by Anadarko Petroleum Corporation, has encountered more than 34 net meters of natural gas pay and no water in a high-quality Eocene-age reservoir.
  • The well was drilled to a total depth of approximately 4237 meters in water depths of around 900 meters.
  • The seismic imaging indicates that Tubarao's area extent could cover about 60 square kilometers, which will be better defined with appraisal drilling.
  • The partnership plans to preserve the wellbore at Tubarao for potential use in future testing.
  • This is the fourth significant discovery in the offshore Rovuma Basin and it further strengthens confidence in the operator's geologic and geophysical models of the basin.
  • Anadarko Petroleum Mocarabique Area 1 Lda, an affiliate of Anadarko, is the operator of the approximately 10,500 square kilometer block with a participating interest (PI) of 36.596.
  • The other consortium members are Videocon Mozambique Rovuma 1 Limited (10% PI), Cove Energy Mozambique Rovuma Offshore, Ltd. (8.5% PI), and Mitaui E&P Mozambique Area 1, Limited (20% PI).
  • The balance 15% PI is with Empregesa Nacional de Hidrocarbonetos (ENH), the National Oil Company of Mozambique, who are carried through the exploration phase.
  • BPRL Ventures Mozambique B.V., an overseas subsidiary of BPRL, holds 10% participating interest (PI) in the block.

Statistics:

  • Approximately 34 net meters of natural gas pay encountered in the Tubarao exploration well.
  • Well drilled to a total depth of approximately 4237 meters.
  • Water depth of around 900 meters.
  • Tubarao's area extent potentially covering about 60 square kilometers.
  • Block size: approximately 10,500 square kilometers.
  • Participating interest of Anadarko: 36.596%.

Sources:

  • Anadarko Petroleum Corporation (informant)
  • BPRL (Bharat PetroResources Limited)
  • Euclid Infotech Pvt. Ltd. (copyright holder)
  • Contify.com (distributor)