{"id":5884,"date":"2017-04-24T14:39:52","date_gmt":"2017-04-24T14:39:52","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=5884"},"modified":"2017-04-24T14:39:52","modified_gmt":"2017-04-24T14:39:52","slug":"aminex-reports-resource-estimate-increase-in-tanzanias-ntorya-appraisal-area","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/aminex-reports-resource-estimate-increase-in-tanzanias-ntorya-appraisal-area\/","title":{"rendered":"Aminex Reports Resource Estimate increase in Tanzania\u2019s Ntorya Appraisal area"},"content":{"rendered":"<p>Aminex has reported a material increase in its estimate of gas initially in place (GIIP) in the Ntorya appraisal area, Tanzania a component of the Ruvuma PSA operated by Aminex and which has been successfully tested by two gas wells.<\/p>\n<p>Aminex says it now considers that the Ntorya appraisal area has Pmean GIIP of 466 Billion Cubic Feet (BCF), being a three-fold increase over the previous estimate of 153 BCF which was audited by LR Senergy in May 2015. The upgraded resource follows the drilling and testing of the <a href=\"http:\/\/bit.ly\/2oDJlmc\">Ntorya-2<\/a> appraisal well earlier this year which encountered a net pay zone of 31 metres and tested gas at an average flow rate of 17MMscd on a 40\/64\u2019 choke.<\/p>\n<p><strong>Highlights: <\/strong><\/p>\n<ul>\n<li>Pmean GIIP increase to 466 BCF from 153 BCF<\/li>\n<li>P90 GIIP increase to 62 BCF from 31 BCF<\/li>\n<li>P10 GIIP increase to 1.13 TCF from 332 BCF<\/li>\n<\/ul>\n<p>\u201cA tripling of resources in the Ntorya appraisal area is clearly excellent news for shareholders and partners and highlights that the Ruvuma PSA is a basin that is of national importance for Tanzania. We continue to work directly with the Government to gear the near-term work programme to fast track production to both local industry and ultimately into the national pipeline,\u201d says CEO of Aminex, Jay Bhattacherjee.<\/p>\n<p>The previous well, Ntorya-1, was tested at a rate of 20 mmscfd through a 1-inch choke.\u00a0 Solo believes that higher flow rates can be achieved at Ntorya-2 during future production once the drilling induced formation damage is removed.<\/p>\n<p>According to the interpretation of the wireline logs, Ntorya-2 encountered the equivalent reservoir section seen in the Ntorya-1 well at a depth approximately 74 metres shallower.\u00a0\u00a0 No formation water was produced during the tests.\u00a0\u00a0The fluids recovered down-dip at Ntorya-1 showed a higher condensate-gas ratio and this suggests some fractionation of fluids with depth, further suggesting an extensive gas column is present with in the Ntorya gas-condensate accumulation.<\/p>\n<p>Ntorya-2 also encountered traces of oil in the gross reservoir interval.\u00a0\u00a0Aminex is currently updating the basin model in order to optimise future drilling to maximise the intersection with the reservoir section and to target potentially liquid hydrocarbon bearing reservoirs in future wells, including Ntorya-3. Outside the Ntorya Appraisal Area LR Senergy estimated 3 tcf of gross mean undiscovered GIIP in the Ruvuma PSA and that remains to be further evaluated.<\/p>\n<p class=\"dx\"><span class=\"cp\">&#8220;The Ntorya-2 well, in conjunction with the existing well and seismic control, allow a new more confident and upgraded estimate of the gas in place and the associated contingent resources associated with the successful appraisal well,<\/span><span class=\"co\">&#8221; commented\u00a0Solo&#8217;s Chairman Neil Ritson.<\/span><\/p>\n<p>Aminex is quick to clarify however that these management estimates cover the Ntorya appraisal area only and do not include the potential of the adjoining exploration acreage. The Company is currently updating its basin model in order to optimise the likelihood of intersecting the maximum stratigraphic reservoir sections and to target potentially liquid hydrocarbons bearing reservoirs in future wells, including Ntorya-3<\/p>\n<p>Aminex is currently in the process of applying for a 25-year development licence and is working directly with the Tanzanian Government to fast-track gas production for the benefit of the Company\u2019s shareholders and the Tanzanian national economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aminex has reported a material increase in its estimate of gas initially in place (GIIP) in the Ntorya appraisal area, Tanzania a component of the Ruvuma PSA operated by Aminex &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/aminex-reports-resource-estimate-increase-in-tanzanias-ntorya-appraisal-area\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":4619,"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":[11],"tags":[137,1201,1713,1784,4372,4373,1785,1787,2211,2342,2466],"class_list":["post-5884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-aminex","tag-jay-bhattacherjee","tag-neil-ritson","tag-ntorya","tag-ntorya-2","tag-ntorya-3","tag-ntorya-appraisal-area","tag-ntorya-1","tag-ruvuma-psa","tag-solo-oil","tag-tanzania","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/04\/Ntorya-123-location.png?fit=452%2C329&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1wU","jetpack-related-posts":[{"id":6254,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ntorya-appraisal-area-gas-resources-estimated-1-3-tcf\/","url_meta":{"origin":5884,"position":0},"title":"Ntorya Appraisal Area Gas Resources Estimated At 1.3 TCF","author":"","date":"September 4, 2017","format":false,"excerpt":"Aminex has announced a further material increase in its management estimate of gas initially in place (GIIP) in its Ntorya appraisal area in the onshore Ruvuma Basin of Tanzania from unrisked resource estimates of 466 BCF Pmean GIIP to approximately 1.3 TCF Pmean GIIP. According to Aminex this update is\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\/2017\/09\/Ntorya-development-license-2.png?fit=394%2C533&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1757,"url":"https:\/\/www.oilnewskenya.com\/index.php\/aminex-increases-resource-estimate-in-tanzanias-ntorya-appraisal-area-to-2-3tcf\/","url_meta":{"origin":5884,"position":1},"title":"Aminex increases resource estimate in Tanzania&#8217;s Ntorya appraisal area to 2.3Tcf","author":"Samuel Kamau Mbote","date":"September 11, 2014","format":false,"excerpt":"Aminex has announced that interpretation of the newly acquired seismic data has extended the potential of the Ntorya appraisal area, and management has further increased its resource estimate to 2.3 TCF (Pmean GIIP) by combining the Ntorya discovery with the adjacent Likonde prospect in its Ruvuma PSC in south-eastern Tanzania.\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\/2014\/09\/ntorya-appraisal-area.jpg?fit=401%2C450&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4618,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ntorya-appraisal-drilling-in-tanzanias-ruvuma-to-commence-in-q3\/","url_meta":{"origin":5884,"position":2},"title":"Ntorya Appraisal drilling in Tanzania\u2019s Ruvuma to commence in Q3","author":"","date":"April 27, 2016","format":false,"excerpt":"Appraisal drilling in the Ruvuma PSA following the Ntorya 1 discovery is expected to commence this summer according to Block operator Aminex. Two wells will be drilled in the Block in 2016 including Ntorya-2 to offset and appraise the Ntorya-1 discovery as well as the Ntorya-3, also being planned to\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":"Ntorya 123 location","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/04\/Ntorya-123-location.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2913,"url":"https:\/\/www.oilnewskenya.com\/index.php\/aminex-provides-technical-evaluation-tanzanias-kiliwani-north-development-license-ruvuma-psa\/","url_meta":{"origin":5884,"position":3},"title":"Aminex provides technical evaluation of Tanzania&#8217;s Kiliwani North Development License &#038; Ruvuma PSA","author":"","date":"May 14, 2015","format":false,"excerpt":"Aminex\u00a0has announced that\u00a0Senergy, an independent oil and gas consultancy firm, has completed a technical evaluation on the resources of\u00a0Kiliwani North Development Licence\u00a0and\u00a0Ruvuma PSA. Key Highlights Kiliwani North Development Licence (58.5% Working Interest, Operated) PMean Gas Initially in Place (GIIP) of 44 BCF (gross) of which 28 BCF (gross) booked as\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\/2015\/05\/Ruvuma-Nyuni-PSA.png?fit=402%2C453&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5315,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ntorya-2-appraisal-well-in-tanzanias-ruvuma-psa-to-spud-in-december\/","url_meta":{"origin":5884,"position":4},"title":"Ntorya 2 Appraisal well in Tanzania\u2019s Ruvuma PSA to spud in December","author":"","date":"October 18, 2016","format":false,"excerpt":"The Ntorya-2 appraisal well in Tanzania\u2019s Ruvuma PSA is expected to spud in December 2016 according to block operator Aminex Plc with of well services having been contracted to date. Site preparations for the Ntorya-2 appraisal well have now been completed and mobilisation of the Caroil#2 rig from the Ntorya-1\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\/2016\/04\/Ntorya-Gross-Thickness-Map.png?fit=375%2C443&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6141,"url":"https:\/\/www.oilnewskenya.com\/index.php\/aminex-awards-contract-for-commercialisation-study-of-tanzanias-ntorya-field\/","url_meta":{"origin":5884,"position":5},"title":"Aminex Awards Contract for Commercialisation Study of Tanzania\u2019s Ntorya Field","author":"","date":"July 10, 2017","format":false,"excerpt":"Ruvuma Production Sharing Agreement Operator Aminex has reported the appointment of io oil & gas consulting, a Baker Hughes, a GE Company,and McDermott joint venture, to prepare a gas commercialisation study to assist with the development of the Ntorya field in Tanzania. The study is designed to identify gas monetisation\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\/2016\/04\/Ntorya-Gross-Thickness-Map.png?fit=375%2C443&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/5884","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=5884"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/5884\/revisions"}],"predecessor-version":[{"id":5885,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/5884\/revisions\/5885"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/4619"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=5884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=5884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=5884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}