Africa will see a bit more action from Norwegian firm Statoil as its focus targets Angola and Tanzania. The company’s spending for 2014 will remain at the level that was seen in 2013, which was a record for the company. Other regions to see the company’s efforts focus on are Norway and the Gulf of Mexico; the company also plans to drill in the Arctic.
Exploration chief Tim Dodson told Reuters “Next year you can expect about the same level of activity we had this year and the same amount spent, more or less.”
“Maybe not quite as many wells, but because of Angola, there will be a few more expensive wells next year,” Dodson said. “There will be a big tick up in (exploration in) Angola next year, continued drilling in Tanzania, … one or two wells in the Gulf of Mexico, two wells the Faroes and one well in the UK probably.” He continued that in Tanzania exploration will continue and about half of its wells there will be exploration and half appraisal.
No comments:
Post a Comment