Recent advances in technology and data capabilities is "well" known. From one estimate, a single well can produce a terabyte of data per day. There is also the large amounts of archived data from decades of drilling activity sitting dormant for decades as "useless" information. What is also "well" known is that incredible amounts of data is yet to be collected, formatted and accessed by new technology. Can this movement of technology, engineering, and data analysis change the status of a continent?
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Below is a partial of the blog post at Drillinginfo which touches on this topic. Have a look at the below and read the full article by Andrew Hayman on Drillinginfo's blog.
Africa Oil and Gas: Mozambique’s President Leads the Charge for Exploration and Development
Decades of indifference about East Africa were predicated on the notion that East Africa was, at best, modestly gas prone.
But the huge, high-quality gas finds in exceptional reservoirs in the offshore Rovuma Basin in Mozambique have brought IOCs to East Africa as never before. Multi-billion dollar post-appraisal deals have been done (Eni-CNPC, Videocon-ONGC-OIL); and are being negotiated (Anadarko, with many suitors).
With continuing geopolitical difficulties in North Africa and in Nigeria, where better place in Africa to explore?
Read the full article here
Read the full article here

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