Orca completes Tanzania programme to bump up capacity| MENAFN.COM

Sunday, 25 September 2022 05:53 GMT

Orca completes Tanzania programme to bump up capacity

(MENAFN- ProactiveInvestors)Orca Exploration Group (CVE: ORC.A B) has completed its offshore workover and drilling programme in Tanzania successfully increasing production capacity from around 83 MMscfd to around 150 MMscfd.   The programme included workovers on three existing wells on the Songo Songo main field - SS-5 SS-7 and SS-9 -  and the drilling of one new development well SS-12.   The first phase also included completing the SS-12 production platform flowlines and tie-in facilities connecting the well to gas processing facilities.   The total cost of Phase 1 was originally estimated to cost US$120 million however now that the off-shore programme has been completed the firm expects the first phase to come in under US$80 million with costs incurred so far of around US$68 million.   "We are delighted with the success of the Offshore Programme and the significant cost savings achieved this reflects the strength of our operation's team" said Orca's chief ececutive David Lyons.   "The development programme has enabled the company to significantly increase production capacity in Tanzania and ensure the continued reliable supply of natural gas to our customers."   Orca supplies gas for power generation to the Tanzania Electric Supply Company (TANESCO) Songas and 38 industrial customers in the Dar es Salaam area.    Natural gas from the Songo Songo Main Field has made a significant contribution to Tanzania's economy and is estimated to have saved Tanzania over US$6 billion in other fuel costs since commercial operations began in 2004 according to Tanzanian government sources.  

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