A string of large gas discoveries by Onephir Energy, BG and Statoil since 2010 have established a major new play in Tanzania's deepwater sector. Although much smaller than Mozambique's Rovuma Basin to the south, Tanzania's discovered resources are nonetheless sufficient for an LNG export development within the Tanzanian Coastal Basin. Additional volumes found in Block 1 in the Tanzanian sector of the Rovuma Basin, and the expenditure, volumes and value creation associated with this are excluded from this analysis. Future value creation will be dependent on securing a sufficiently high gas price in an export market. Incumbents with current acreage should achieve better results from future exploration than those implied below, due to less stringent fiscal terms than those applied in newer PSCs.
This report includes 2 file(s)
Tanzania Tanzanian Coastal exploration basin PDF - 910.36 KB 26 Pages, 19 Tables, 22 Figures
Tanzania Tanzanian Coastal.zip ZIP - 1.82 MB
Oil and gas exploration is an industry in constant motion, from technological breakthroughs to shifting supply and demand. The high costs of finding and developing new oil and gas fields that can be commercially developed has created a challenging atmosphere, with explorers increasingly seeing low returns, low value and slow progress.
This Exploration Basin report provides a detailed analysis of exploration of this basin, including discovery and development costs, location maps and information about licensing and fiscal terms. You'll also find information about discovery and development costs and full-cycle returns.
Explorers and advisors can use this report to understand the history and potential value of this basin.
Wood Mackenzie has access to historic data for over 450 basins and forecasts for more than 125 basins. We provide accurate information on the cost of exploration compared to the value of discoveries so that you can develop profitable strategies.
Our in-depth analysis gives you the information you need to navigate the ever-changing challenges of oil and gas exploration so you can make critical commercial decisions.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
Having Wood Mac analysis is table-stakes. Others are nice to have.
Analyst Metal Mining Producer
Wood Mac has the highest quality data and is demanded by our staff.
Portfolio Manager Integrated Oil Company
Others can provide data but we value the quality of the Wood Mac analysis above other sources.
As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...
Asset report | Dec 2016
Tanzania Tanzanian Coastal exploration basin
Have questions? Just let us know how to contact you and we will respond to you as soon as possible.