A Production Sharing Contract (PSC) for Joint Development Zone (JDZ) Block 3 was signed on 14 March 2006.

Ophir has a 4% interest in Block 3, which is operated by US company Anadarko (51%). Block 3 was awarded following successful application in the Second Joint Development Authority (JDA) licensing round.

The JDZ area is jointly administered by the Governments of Nigeria and São Tomé/Principe through the JDA. The JDZ covers an area of 35,000km² situated in the south-eastern part of the Niger Delta complex in water depths ranging from 1,500 to 2,600m.

Recent deepwater discoveries in Nigeria have given some indications of the petroleum potential within the JDZ. The nearest field is the Akpo discovery in OPL 246, located 20km to the north of Block 1. This field, typical of deepwater Nigeria, is in 1,360m of water and is reported to contain estimated recoverable reserves in the order of 600MMbbl condensate and 1.2Tcf gas, in five stacked pay intervals totalling 120m net sand.

Licence Details:

Licensees	Interest
Anadarko (Operator)	51%
Addax (Partner)	15%
ERHC (Partner)	10%
EER (Partner)	10%
Equinox (Partner)	10%
Ophir (Partner)	4%

Downloads:

Download Name	Type	View Online	Download
Basin Map	Image	[ view ]	[ Download ]