Exploration activity in Tanzania
StatoilHydro is operator with a 100% interest in Block 2. The total area of Block 2 is 11,099 square kilometres, and it lies in water depths of between 400 and 3000 metres. This is a frontier area as no wells have been drilled this far from the coast.
The exploration period started in 2007 and is divided into three stages:
- The first exploration period of four years with a 2D seismic commitment
- The first extension period of four years with a one well drilling commitment
- The second extension period of three years with a one well drilling commitment
A 6200-kilometre 2D seismic survey was acquired during the first quarter of 2008. Final processed data were delivered in January 2009.
According to the latest estimates, the earliest date for first drilling will be in 2011.