Ntorya is a conventional gas development located onshore Tanzania and is operated by ARA Petroleum Tanzania. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Ntorya was discovered in 2012, lies in block Mtwara and Ntorya. Buy the profile here.
The project is currently in construction stage and is expected to start commercial production in 2023. Final investment decision (FID) of the project was approved in 2022. The development cost is expected to be $143 m. The Ntorya conventional gas development will involve the drilling of approximately two wells.
Field participation details
The field is owned by Aminex, ARA Petroleum and Scirocco Energy.
Production from Ntorya
Production from the Ntorya conventional gas development project is expected to begin in 2023 and is forecast to peak in 2026, to approximately 414 bpd of crude oil and condensate and 231 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2064.
Remaining recoverable reserves
The field is expected to recover 201.86 Mmboe, comprised of 1.71 Mmbbl of crude oil & condensate and 1,200.92 bcf of natural gas reserves.
Contractors involved in the Ntorya conventional gas field
Some of the key contractors involved in the Ntorya project as follows.
Other Contractors: PT Pertamina (Persero), io Oil & Gas UK and Africa Geophysical Services
About ARA Petroleum Tanzania
ARA Petroleum Tanzania Ltd (ARA Tanzania) is an oil and gas exploration company involved in production and exploration of petroleum. It is headquartered in Ntorya, Tanzania.
For more details on the Ntorya Conventional Gas Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
