Pweza-2 Appraisal Well Off Tanzania Completed

  • Business & Finance

Pweza-2 Appraisal Well Off Tanzania Completed

Ophir Energy plc announces the completion of the Pweza-2 appraisal well in Block 4, Tanzania. Ophir holds 40% of Blocks 1, 3 and 4. BG Group operates with 60%.

Successful Pweza-2 appraisal well

The Pweza-2 well was drilled approximately 2km to the south of the Pweza-1 discovery well in Block 4 and was located downdip of the discovery well to better understand the wider distribution and quality of the reservoir sands across the Pweza field. The well intersected 20m of net pay with excellent reservoir quality which was confirmed to be in pressure communication with Pweza-1. This result has firmed up the Company’s resource estimates for the Pweza field which stand at 1.7 TCF of gross recoverable resource.

Pweza-3 well and Drill Stem Test planned

The Deepsea Metro I drillship has now moved to the Pweza-3 drilling location approximately 5km to the west of Pweza-2. Pweza-3 is designed to further appraise the Pweza field, including the collection of cores and a Drill Stem Test. These are to confirm reservoir deliverability from the cluster of Block 4 discoveries that will provide a second hub for the LNG development. These activities are expected to be completed in early October.

Nick Cooper, CEO, commented:

“The Pweza-2 results have confirmed our expectations for recoverable resource estimates in the Pweza field and we look forward to Pweza-3 both further delineating the discovery and underpinning its commerciality with the planned flow-test.”

[mappress]

Press Release, August 28, 2013; Image: BG Group

 

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