Ophir Energy CEO Nick Cooper said that the Taachui-1 discovery continues the 100% drilling success rate on Blocks 1, 3 and 4 and also 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’s 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," Cooper added.
Ophir holds 20% of Blocks 1, 3 and 4.
Drilled by the Deepsea Metro I drillship close to the western boundary of Block 1, the Taachui-1 well has been drilled to a total depth of 4215mMD and was sidetracked for operational reasons to complete as the Taachui-1 ST1 well.
The company identified gas in a single gross column of 289m in the within the targeted Cretaceous reservoir interval.
The Taachui discovery will undergo a drill stem test with results expected before the end of June.
