Ophir highlights potential in Jodari field

The successful results of the three-well appraisal programme on the Jodari field offshore Tanzania significantly 'de-risks' the project and underlines is potential, according to 40 per cent owner Ophir Energy.

The successful results of the three-well appraisal programme on the Jodari field offshore Tanzania significantly 'de-risks' the project and underlines is potential, according to 40 per cent owner Ophir Energy.

The oil and gas group, which owns the field with larger operator BG Group (60% owner), announced on Wednesday morning that it had completed appraisal drilling on Jodari field on Block 1, with the programme showing "consistent, high reservoir quality".

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The drilling also backed up the 3.4trn cubic feet of gas mean recoverable resource estimate, and confirmed the feasibility of high-angle (sub-horizontal) drilling thereby reducing development costs, Ophir said.

"The appraisal programme has significantly de-risked the Jodari field underlining its potential to anchor Tanzania's first multi-train LNG development," said Ophir's Chief Executive Officer Nick Cooper.

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"The Ophir-BG Joint Venture will now appraise the Mzia discovery and return to Jodari-1 to conduct Tanzania's first flow test. Thereafter the joint venture expects to return to high impact exploration drilling in Block 1 during Q1 2013."

BC

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