(Image courtesy of Ophir Energy)

Ophir Energy announced a new gas discovery at the Taachui-1 and subsequent Taachui-1 ST1 well in Block 1, offshore Tanzania on Wednesday.

Ophir holds 20 percent of Blocks 1, 3 and 4.

BG Group operates the blocks with a 60 percent holding.

Estimates for the mean recoverable gas from the discovery are 1.0 trillion cubic feet (Tcf).

According to Ophir, A Drill Stem Test will be performed on the Taachui discovery and results are expected before the end of June.

Nick Cooper, Ophir CEO, said, “The Taachui-1 discovery continues the 100 percent drilling success rate on Blocks 1, 3 and 4 and 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.”


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