ARA Petroleum Tanzania (APT), a subsidiary of Aminex and the operator of the Ntorya Gas Project, has revised its Field Development Plan (FDP) based on findings from its latest 3D seismic survey.
The updated plan outlines a phased approach to project development, starting with the monetization of the Ntorya-1 well, followed by Ntorya-2 and the planned Chikumbi-1 well. Production will be increased from 60 million standard cubic feet per day (mmscf/d) to 140 mmscf/d and to 280 mmscf/d over five years, with up to 13 additional wells planned for drilling to boost reserves and production over the next decade.
Charles Santos, Executive Chairman of Aminex said the updated FDP enhances the potential value for Aminex shareholders while contributing to Tanzania’s industrialization, electricity supply and energy affordability.
Meanwhile, APT is advancing infrastructure rollout with the installation of processing facilities, flow lines, hookup systems, fiscal meters and manifolds to support gas flow into a planned pipeline linking the project to the Madimba Gas Processing Plant.
Since the signing of a 25-year Development License and Gas Sharing Agreement in 2024, APT has completed upstream processing facilities, constructed roads to improve project access and initiated a tender process to contract the build up of a gas pipeline.