{"id":12616,"date":"2022-09-05T09:05:53","date_gmt":"2022-09-05T09:05:53","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=12616"},"modified":"2022-09-05T09:09:26","modified_gmt":"2022-09-05T09:09:26","slug":"tanzania-half-of-seismic-data-now-acquired-over-the-ntorya-location","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-half-of-seismic-data-now-acquired-over-the-ntorya-location\/","title":{"rendered":"TANZANIA:  Half of Seismic Data Now Acquired over the Ntorya location, Ruvuma PSA"},"content":{"rendered":"<p>Aminex is pleased to announce that seismic and commercial activities on the Ruvuma PSC continue to progress under the direction of the operator, ARA Petroleum Tanzania Limited (APT):<br \/>\n\u2022 Over half of the seismic data has now been acquired over the Ntorya location.<br \/>\n\u2022 The seismic data required to evaluate the drilling location of the Chikumbi-1 (CH-1) well is expected by mid-September 2022.<br \/>\n\u2022 APT anticipates the full seismic acquisition programme to be completed by mid-October 2022.<br \/>\n\u2022 On behalf of the Ruvuma joint venture partners, APT has agreed in principle with the Government of Tanzania (GoT) to an addendum to the Ruvuma PSA . The Ruvuma PSA, as with all other PSAs in Tanzania, contained fiscal terms (profit share, royalty, and taxations rates) only for the production of oil. Fiscal terms for the production of gas were required to be agreed pon separately.<br \/>\n\u2022 Negotiations on the gas sales agreement (GSA) between the Ruvuma partners and the Tanzania Petroleum Development Corporation (TPDC) for the sale of gas from the Ntorya gas field to the TPDC commenced recently in Tanzania and are currently ongoing.<br \/>\nAminex, with a 25% non-operated interest, is carried throughout the ongoing work programme to a maximum gross capital expenditure of $140 million ($35 million net to Aminex) and the carry is expected to see the Company through to the commencement of commercial gas production from the Ntorya gas field, currently scheduled for the end of 2024, at zero cost to the Company.<\/p>\n<p><strong>Charles Santos, Executive Chairman of Aminex commented:<\/strong><br \/>\n<em>\u201cWe are delighted that operational activities continue to progress on seismic acquisition and processing and look forward to providing further updates in due course. We are also very pleased that progress is being made on the commercial aspects of the development, with gas terms on the Ruvuma PSA being agreed and negotiations for the GSA currently ongoing. This progress reflects the commitment of the Operator and the Tanzanian authorities to work constructively together to advance this extremely\u00a0 important project for the Tanzanian energy sector. We would like to thank APT and the Tanzanian<\/em><br \/>\n<em>authorities for their cumulative efforts in progressing the project.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aminex is pleased to announce that seismic and commercial activities on the Ruvuma PSC continue to progress under the direction of the operator, ARA Petroleum Tanzania Limited (APT): \u2022 Over &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-half-of-seismic-data-now-acquired-over-the-ntorya-location\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":6255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7443,11],"tags":[137,6954,6853,1051,1784,2211,2272,2543],"class_list":["post-12616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-eastern-africa","category-top-news","tag-aminex","tag-ara-petroleum","tag-chikumbi-1","tag-gsa","tag-ntorya","tag-ruvuma-psa","tag-seismic","tag-tpdc","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Ntorya-development-license.png?fit=532%2C443&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3hu","jetpack-related-posts":[{"id":11748,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-acquisition-of-3d-seismic-survey-over-ruvuma-psa-will-commence-in-2-weeks\/","url_meta":{"origin":12616,"position":0},"title":"TANZANIA: Acquisition of 3D Seismic Survey over Ruvuma PSA will Commence in 2 Weeks","author":"","date":"February 2, 2022","format":false,"excerpt":"Ruvuma PSA JV partner Aminex has provided an update to its planned 338km2 3D seismic survey\u00a0 over the Ruvuma PSA \u2022 Seismic camp fully constructed, and the contractor Africa Geophysical Services Limited (AGS) is completing the mobilization of all necessary equipment to site, which is expected to be completed by\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/07\/Ruvuma-PSA.jpg?fit=535%2C694&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/07\/Ruvuma-PSA.jpg?fit=535%2C694&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/07\/Ruvuma-PSA.jpg?fit=535%2C694&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":9302,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-aminex-ara-petroleum-complete-ruvuma-farm-out\/","url_meta":{"origin":12616,"position":1},"title":"TANZANIA: Aminex, ARA Petroleum Complete Ruvuma Farm-out","author":"","date":"October 23, 2020","format":false,"excerpt":"Aminex has announced the Completion of the Ruvuma Farm-Out. The Company, through its wholly owned subsidiary, Ndovu Resources Limited, has transferred a 50% interest in, and operatorship of, the Ruvuma PSA to ARA Petroleum Tanzania Limited (APT). Aminex had earlier has borrowed US$3 million (advance) and received a loan of\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/07\/Ruvuma-PSA.jpg?fit=535%2C694&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/07\/Ruvuma-PSA.jpg?fit=535%2C694&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/07\/Ruvuma-PSA.jpg?fit=535%2C694&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":10776,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-apt-receives-2-years-extension-of-ruvuma-licence\/","url_meta":{"origin":12616,"position":2},"title":"TANZANIA: APT Receives 2 Years Extension of Ruvuma Licence","author":"","date":"August 19, 2021","format":false,"excerpt":"The operator, ARA Petroleum Tanzania Limited (APT) has secured the extension for the Ruvuma PSA from the Ministry of Energy of Tanzania, which is valid for two years from 15 August 2021, and allows for the completion of the following: \u2022 Acquisition of 200 square kilometres (surface coverage) of 3D\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/07\/Ruvuma-PSA.jpg?fit=535%2C694&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/07\/Ruvuma-PSA.jpg?fit=535%2C694&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/07\/Ruvuma-PSA.jpg?fit=535%2C694&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":11288,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-ara-commences-1st-phase-of-the-ruvuma-psa-3d-seismic-project\/","url_meta":{"origin":12616,"position":3},"title":"TANZANIA: ARA Commences 1st Phase of the Ruvuma PSA 3D seismic project","author":"","date":"December 3, 2021","format":false,"excerpt":"ARA Petroleum Tanzania Limited (APT) has confirmed that the seismic contractor commenced preparatory works as planned on 15 November 2021, has now established the GPS control points and survey equipment is being calibrated for ground staking. The Joint Venture expects line clearing and mobilisation of the camp to commence next\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Ntorya-development-license.png?fit=532%2C443&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Ntorya-development-license.png?fit=532%2C443&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Ntorya-development-license.png?fit=532%2C443&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":12527,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-apt-receives-first-batch-of-ntorya-field-seismic-data\/","url_meta":{"origin":12616,"position":4},"title":"TANZANIA: APT Receives First Batch of Ntorya Field Seismic Data","author":"","date":"August 2, 2022","format":false,"excerpt":"Ruvuma PSA JV partner Scirocco Energy reports that the operator\u00a0APT has received the first batch of field seismic data last week and expects to have processed and interpreted sufficient data to confirm the final drilling location of the Chikumbi-1 (CH-1) well before the end of August. Field acquisition continues to\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/Tanzania-Ruvuma.png?fit=541%2C542&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/Tanzania-Ruvuma.png?fit=541%2C542&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/Tanzania-Ruvuma.png?fit=541%2C542&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":7117,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ara-petroleum-tanzania-takes-operatorship-ruvuma-psa-following-farm\/","url_meta":{"origin":12616,"position":5},"title":"ARA Petroleum Tanzania Takes Over Operatorship of Ruvuma PSA following Farm-Out","author":"","date":"July 11, 2018","format":false,"excerpt":"ARA Petroleum Tanzania an affiliate of\u00a0Eclipse Investments, the largest shareholder in Zubair Corporation will take over operatorship of the Ruvuma PSA after Ndovu Resources signed a binding farm-out agreement with\u00a0the Zubair Corporation. According to Aminex which wholly-owns subsidiary\u00a0Ndovu Resources following the farm-out it is intended that the Farm-Out will accelerate\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/07\/Ruvuma-PSA.jpg?fit=535%2C694&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/07\/Ruvuma-PSA.jpg?fit=535%2C694&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/07\/Ruvuma-PSA.jpg?fit=535%2C694&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=12616"}],"version-history":[{"count":3,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12616\/revisions"}],"predecessor-version":[{"id":12619,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12616\/revisions\/12619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/6255"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=12616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=12616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=12616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}