Africa-focused independent oil firm Ophir Energy reported Wednesday that it has begun drilling the Starfish-1 well in its Accra production sharing contract, offshore Ghana.
The Starfish-1 well is located in 4,920 feet of water and has a target depth of 12,630 feet. Its aim is to test a stratigraphic onlap trap. Ophir estimates mean prospective resources of around 292 million barrels of oil equivalent with a 20-percent chance of success for the Starfish prospect.
The well is expected to take around 40 days to complete.
Ophir CEO Nick Cooper commented in a company statement:
"The Starfish-1 well is a playfinder exploration well designed to test a potential eastwards extension of the transform margin play. The well kicks off an acceleration of Ophir's drilling operations into a broader gas and oil exploration program, with four new oil plays being targeted in the next 12 months in addition to the ongoing gas exploration in Tanzania."
Starfish-1 is Ophir's first well in Ghana and is being drilled by the Stena DrillMax (UDW drillship). The firm operates the Accra PSC, holding a 20-percent interest.
Have a news tip? Share it with Rigzone!
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
More from this Author
Most Popular Articles
From the Career Center
Jobs that may interest you