AMINEX plc and Solo Oil plc have told investors that first gas production from the Kiliwani North gas project, in Tanzania, is now expected in early April.
Final well integrity testing has now
been completed for the Kiliwani North-1 (KN-1) production well. The
state’s Tanzania Petroleum Development Corporation (TPDC) had previously
advised Aminex to prepare the KN-1 well for production by mid-February.
The change to the anticipated timetable
is the result of a revision to the commissioning schedule for the Songo
Songo gas processing facilities, which will be supplied by the field.
Initial production will be managed to
enable testing of the new gas processing facilities and the related
pipelines, the companies added. Gas produced from the Kiliwani North-1
well is to be sold at the wellhead at an agreed price of $3.07 per
thousand cubic feet.
The gas, once processed at Songo Songo,
will be transported via pipeline to Tanzania’s capital Dar es Salaam
where it will be sold in the domestic market. The Kiliwani North field
is estimated to contain 28bn cubic feet of contingent gas resources.
Solo said it expects these resources
will be booked to reserves later this year. “The successful conclusion
of the well integrity tests and installation of the wellhead control
panel finalises the Company’s preparations prior to the commissioning of
the new Songo Songo Island processing facilities,” said Jay
Bhattacherjee, Aminex chief executive.
“Aminex looks forward to the
commencement of gas production and revenues from Kiliwani North.” Neil
Ritson, Solo Oil chairman, added: “Following the signing of the gas
sales agreement and the completion of the construction of pipeline and
gas treatment infrastructure Solo looks forward to the commencement of
commissioning at Songo Songo.”
Aminex owns a 51.75 per cent stake in
Kiliwani North, while Solo owns 6.175 per cent. The other partners in
the project are RAK Gas, Bounty Oil & Gas and TPDC (TPDC)
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