Ophir Energy plc has announced the successful results of the Taachui-1 & subsequent Taachui-1 ST1 well in Block 1, Tanzania which has resulted in a new gas discovery.<\/p>\n
The Taachui-1 well was drilled by the Deepsea Metro I drillship close to the western boundary of Block 1. The\u00a0well was sidetracked for operational reasons to complete as the Taachui-1 ST1 well and was drilled to a Total Depth of 4215mMD.<\/p>\n
The well encountered gas in a single gross column of 289m within the targeted Cretaceous reservoir interval. Net pay totalled 155m.<\/p>\n
Observed reservoir properties are in-line with those encountered at Mzia, the other Cretaceous-aged discovery on Block 1.<\/p>\n
Estimates for the mean recoverable resource from the discovery are c.1.0 TCF. The size of the gas column is such that the discovery could extend into a second compartment to the west which has the potential to be of a similar size.<\/p>\n
An appraisal well will be required to confirm this upside and is under consideration by the JV partners.<\/p>\n
A Drill Stem Test will now be performed on the Taachui discovery with results expected before the end of June.<\/p>\n
\u201cThe Taachui-1 discovery continues the 100% drilling success rate on Blocks 1, 3 and 4 and adds further resource to support the LNG development in Tanzania. The result is important to Ophir for two reasons: firstly it extends the proven hydrocarbon system to the eastern limit of, and partly de-risks, Ophir\u2019s East Pande permit on which the Tende-1 well will be drilled later in 2014; secondly the aggregate recoverable volumes of c.16.7 TCF are now approaching the threshold needed to underpin a potential third LNG Train from Blocks 1, 3 and 4.\u201d Said Nick Cooper, CEO, Ophir Energy.<\/p>\n
Ophir holds 20% of Blocks 1, 3 and 4. BG Group operates with 60%.<\/p>\n","protected":false},"excerpt":{"rendered":"