Ophir finds more gas offshore Equatorial Guinea

Ophir Energy’s Fortuna East-1 (R5) step out exploration well in block R offshore Equatorial Guinea has successfully encountered gas in the eastern lobe of the Fortuna Complex.

Offshore staff

LONDON – Ophir Energy’s Fortuna East-1 (R5) step out exploration well in block R offshore Equatorial Guinea has successfully encountered gas in the eastern lobe of the Fortuna Complex.

A 55-m (180-ft) gas bearing column was encountered containing a total 40 m (131 ft) of net pay in the primary target Late Miocene sands. The Fortuna East-1 (R5) well is 7 km (4.3 mi) east-southeast of the Ophir Fortuna-1 discovery, and is Ophir’s fourth discovery in the block.

The company says the gas quality appears to be consistent with that observed inprevious gas discoveries in block R. Pressure measurements indicate communication between Fortuna-1 and Fortuna East-1 confirming an increased 101-m (331-ft) gas column in the Fortuna Complex. Gross mean recoverable resources are estimated at 426 bcf.

Exploration of the secondary target, the underlying mid-Miocene Viscata exploration prospect, was also successful. The well discovered an 8-m (26-ft) gas column within a good quality reservoir with a porosity of 21% and a net to gross pay of 48%.

TheEirik Raude rig has moved to the Fortuna West -1 (R6) location to test the western lobe of the Fortuna Complex and the Felix exploration target.

8/22/2012

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