Global Processing

Anadarko Finds Gas in Mozambique

November 29, 2010
Anadarko Petroleum Corporation has made another discovery of natural gas in the Offshore Area 1 of Mozambique''s Rovuma Basin at the Lagosta prospect, reports Zacks. This is the third major discovery for Anadarko in this region. The discovery well encountered a total of more than 550 net feet of natural gas play in multiple high-quality Oligocene and Eocene sands. Anadarko is working in a partnership with five other players in the Offshore Area 1 of Mozambique and has a 36.5-percent working interest. The exploration wells, drilled at a total depth of approximately 13,850 feet, encountered about 5,080 feet of water. The partnership is planning to drill further at a total depth of 15,900 feet to evaluate the prospects at a deeper zone. The new Lagosta discovery is located 16 miles to the south of the Barquentine discovery and 14 miles to the southeast of the Windjammer discovery. After completing the work on Lagosta, the partnership is planning to mobilize the rig 17.5 miles to the southwest to drill the Tubarao exploration well, which is also located in the 2.6-million-acre Offshore Area 1.