Test well drilled by Anadarko Petroleum confirms existence of natural gas in Rovuma

28 February 2012

Maputo, Mozambique, 28 Feb – The Lagosta 3 test well drilled by Anadarko Petroleum in the Rovuma Basin has been concluded with very positive results that confirm the size of the seam and reserves of natural gas found there, according to Mozambique’s National Oil Institute (INP).

Cited by Mozambican daily newspaper Notícias, a source from the INP said that the result of this well drilled by the subsidiary of US group Anadarko Petroleum was not a new discovery but rather confirmation that there was a large amount of gas in Area 1.

After drilling the Lagosta 2 test well Anadarko Moçambique said it had found 237 metres of sands saturated with natural gas, confirming the preliminary estimated of recoverable reserves in the Rovuma Basin.

The Lagosta 2 test well, which was drilled to a depth of 4,335 metres in waters approximately 1,467 metres deep is located 8.5 kilometres south of the Camarão 1 well and around 7 kilometres to the north of Lagosta 1.

According to the company, Lagosta 2 was the seventh test well drilled successfully in area 1, which includes the Windjammer, Lagosta, Camarão, Barquentine and Tubarão discoveries.

The concession-holders for area 1 are Anadarko Moçambique, with 36.5 percent, Mozambican state oil and gas company Empresa Nacional de Hidrocarbonetos (15 percent), Videocon and Barat Petroleum of India (with 10 percent each) and Ireland’s Cove Energy with 8.5 percent. (macauhub)