Some of our onshore reservoirs are bigger than offshore. Our Namisange lead is estimated to be 2.6TCF alone. This reservoir is located very close to our Ntorya/Likonde discovery which is now thought to hold 1.9 TCF. We have huge gas resources , a pipeline to produce into and minimal overheads in comparison to offshore acreage. It's just a matter of time before the offshore companies realise that need exposure to the onshore gas to balance their books. Anadarko have already realised and are currently drilling 2 onshore wells in the same basin as our acreage. Their second well is less than 10km from our Ruvuma block
Great article and really highlights the importance of our onshore gas. These offshore discoveries are at least a decade away with billions needed in investment before any return. With trillions of cubic feet of gas onshore we are an absolute bargain !!!!
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