{"id":6254,"date":"2017-09-04T07:58:35","date_gmt":"2017-09-04T07:58:35","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=6254"},"modified":"2017-09-04T07:58:35","modified_gmt":"2017-09-04T07:58:35","slug":"ntorya-appraisal-area-gas-resources-estimated-1-3-tcf","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/ntorya-appraisal-area-gas-resources-estimated-1-3-tcf\/","title":{"rendered":"Ntorya Appraisal Area Gas Resources Estimated At 1.3 TCF"},"content":{"rendered":"<p>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 <a href=\"http:\/\/bit.ly\/2iTQlhc\">466 BCF<\/a> Pmean GIIP to approximately 1.3 TCF Pmean GIIP.<\/p>\n<p>According to Aminex this update is based on ongoing technical work which includes data from the successful <a href=\"http:\/\/bit.ly\/2lnepbL\">Ntorya-2<\/a> appraisal well and subsequent re-evaluation of existing seismic, including reprocessing of select seismic lines and detailed review of Ruvuma PSA well data.<\/p>\n<p>\u201cThese management estimates cover the Ntorya appraisal area only and do not include the potential of the adjoining exploration acreage.\u201d<\/p>\n<p>The Company adds it is in the process of engaging an independent third party auditor to prepare an updated reserves and resource report.<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Ntorya-development-license.png?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6255 alignleft\" src=\"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Ntorya-development-license.png?resize=532%2C443&#038;ssl=1\" alt=\"\" width=\"532\" height=\"443\" srcset=\"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Ntorya-development-license.png?w=532&amp;ssl=1 532w, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Ntorya-development-license.png?resize=100%2C83&amp;ssl=1 100w, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Ntorya-development-license.png?resize=300%2C250&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Ntorya-development-license.png?resize=480%2C400&amp;ssl=1 480w\" sizes=\"auto, (max-width: 532px) 100vw, 532px\" \/><\/a>\u201cThe updated modelling, mapping and corresponding resource numbers continue to confirm that the Ruvuma Basin is of significant importance to Tanzania and the Company. We continue to work directly with the Tanzania Petroleum Development Corporation to create an optimal development plan so as to begin gas production from the licence as quickly as possible,\u201d says CEO of Aminex Jay Bhattacherjee.<\/p>\n<p class=\"co\">&#8220;The updated modelling, mapping and corresponding resource numbers continue to confirm that the Ruvuma Basin is a major resource for Solo and its partner, Aminex, and is of significant national importance to Tanzania.\u00a0 We and Aminex are working with the TPDC on an optimal development plan to begin the Ntorya Field into production as quickly as possible,&#8221;Neil Ritson, Executive Chairman of Solo, commented.<\/p>\n<p>The operator is currently working with io oil &amp; gas consultancy (a joint venture between Baker Hughes, a GE Company, and McDermott) to prepare a gas <a href=\"http:\/\/bit.ly\/2eBwZw3\">commercialisation plan<\/a> which, together with submission of the Ntorya Field development plan to the Tanzania Petroleum Development Corporation, is expected to be completed in early September.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/ntorya-appraisal-area-gas-resources-estimated-1-3-tcf\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":6256,"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":[137,4372,1785,6389,6388,2191,2208,2342,2466],"class_list":["post-6254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-aminex","tag-ntorya-2","tag-ntorya-appraisal-area","tag-ntorya-field-development-plan","tag-resource-estimates","tag-rovuma-basin","tag-ruvuma-basin","tag-solo-oil","tag-tanzania","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Ntorya-development-license-2.png?fit=394%2C533&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1CS","jetpack-related-posts":[{"id":5884,"url":"https:\/\/www.oilnewskenya.com\/index.php\/aminex-reports-resource-estimate-increase-in-tanzanias-ntorya-appraisal-area\/","url_meta":{"origin":6254,"position":0},"title":"Aminex Reports Resource Estimate increase in Tanzania\u2019s Ntorya Appraisal area","author":"","date":"April 24, 2017","format":false,"excerpt":"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. Aminex says it now considers that the Ntorya appraisal area\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-123-location.png?fit=452%2C329&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":6254,"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":6264,"url":"https:\/\/www.oilnewskenya.com\/index.php\/aminex-submits-staged-development-plan-ntorya-field-tanzania\/","url_meta":{"origin":6254,"position":2},"title":"Aminex Submits Staged Development Plan for the Ntorya field in Tanzania","author":"","date":"September 6, 2017","format":false,"excerpt":"Aminex has announced that a Development Plan for the Ntorya field, located onshore in the Ruvuma Basin, Tanzania has been submitted to the Tanzania Petroleum Development Corporation (TPDC) for approval. The Development Plan is a key step towards obtaining a development licence and the commercializing of the resources from the\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":2913,"url":"https:\/\/www.oilnewskenya.com\/index.php\/aminex-provides-technical-evaluation-tanzanias-kiliwani-north-development-license-ruvuma-psa\/","url_meta":{"origin":6254,"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":1734,"url":"https:\/\/www.oilnewskenya.com\/index.php\/aminex-increases-tanzanian-discovery-estimates-to-1-9tcf\/","url_meta":{"origin":6254,"position":4},"title":"Aminex increases Tanzanian discovery estimates to 1.9Tcf","author":"Samuel Kamau Mbote","date":"September 8, 2014","format":false,"excerpt":"Aminex\u00a0has announced that following the Company\u2019s newly acquired seismic in Tanzania \u00a0shows larger resources estimates than earlier anticipated. The new interpretation by Aminex over the\u00a0Ntorya discovery\u00a0in the\u00a0Ruvuma PSA shows that Likonde and Ntorya are connected at the Cretaceous level and based on the recent 2014 seismic programme estimates of the\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\/rovuma-2.jpg?fit=363%2C411&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":6254,"position":5},"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":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6254","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=6254"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6254\/revisions"}],"predecessor-version":[{"id":6257,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6254\/revisions\/6257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/6256"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=6254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=6254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=6254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}