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    Ophir Tastes More Success in Tanzania Gas Block

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Summary

Ophir Energy has announced further successful appraisal of the Mzia discovery in Block 1, Tanzania.

by: shardul

Posted in:

Asia/Oceania

Ophir Tastes More Success in Tanzania Gas Block

Ophir Energy has announced further successful appraisal of the Mzia discovery in Block 1, Tanzania.

The Mzia-3 appraisal well was drilled approx. 6km north of the original Mzia-1 discovery well and targeted the main Lower sands that comprise the majority of the resource in the field and upside in the Middle sand package that was encountered in the Mzia-1 well.

The well encountered 56m of net pay combined in the Lower and Middle sands and has confirmed reservoir quality in-line with that seen in the Mzia-1and Mzia-2 wells.

“In addition, the gas down to level proven in Mzia-3 is 107m deeper than that seen in the previous wells, leading to an increase in discovered resource estimates. Provisional interpretation of the Mzia-3 result has increased the overall mean contingent recoverable resource for the Mzia discovery by c.0.7 TCF to c.5.2 TCF,” Ophir said in a statement.  

According to company CEO Nick Cooper, the Mzia-3 result confirms Mzia as an anchor asset in the planned LNG development and total discovered resources are now comfortably in excess of that needed for two trains of LNG.

Ophir holds 40% of Blocks 1, 3 and 4. BG Group operates with 60%.

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