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Ntorya 1 nears total depth
 Operator Aminex says its Ntorya 1 exploration well in the Rovuma Basin in Tanzania is now expected to reach total depth at the end of the month.
Updating drilling progress today, Aminex said the well has been drilled to a depth of 1,535 metres (5,034 feet) at which point an intermediate casing string has been set and the well is now drilling ahead to a target interval lying at a depth between 1,800 m and 1,900 m (5,904- 6,232 ft).
Ntorya 1 is aimed at testing basal Tertiary and Upper Cretaceous sands previously encountered in the Likonde-1 gas discovery well, which was drilled 14 kilometres (8.75 miles) to the north, the company has indicated.
Aminex is operating the well with 56.25% through Ndovu Resources, Tullow Oil has 25% equity and Solo Oil 18.75%.Advertisement
 Estimated reserves in the UK North Sea Fyne field have been cut down 36% by former operator Antrim Energy and further doubt has been cast over the future development of the discovery. [Les mer ] • Field development
 Tullow Oil has revealed that a new well on the Ketch field in the UK Southern North Sea has come in successfully and is to be brought onstream. [Les mer ] • Field development
 Norwegian industrial group Aker ASA says it value rose 16% in the first quarter to NOK 22.5 billion (US $3.74 bn) as its investments – mainly in oil and gas operations - rose in value. [Les mer ] • Company news
 Middle East-based rig and fabrication group Lamprell has warned of a tightening in the international supply chain for rig components which has hit its construction schedules and costs. [Les mer ] • Company news
 Bond Offshore is to resume flying with its fleet of Eurocopter Super Puma helicopters after its own investigation of a gearbox fault which caused a North Sea crew change flight to ditch into the sea. [Les mer ] • HSE
 Dutch based Dockwise has launched a mandatory but hostile takeover offer for shares in rival Fairstar Heavy Transport which it does not already own. [Les mer ] • Company news
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Aker group grows value Norwegian industrial group Aker ASA says it value rose 16% in the first quarter to NOK 22.5 billion (US $3.74 bn) as its investments – mainly in oil and gas operations rose in value.
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