Drilling Update
Ophir provides an update on recent drilling activity in Indonesia and Thailand.
The Sampang PSC, offshore Indonesia is located in the East Java Basin in water depths of 48 metres to 65 metres and covers an area of 547.05 km2. Ophir has a 45% operated interest in the licence.
Cumulative gross production to year end 2017 is 190 Bcf of sales gas and 9.8 MMstb of oil and condensate (Oyong: 103 Bcf and 9.7 MMstb; Wortel: 86.8 Bcf and 0.1 MMstb). Gross average 2017 production was approximately 46 MMscf of sales gas per day.
As of 1 January 2018 the licence contained 2P net reserves (on a working interest basis) of 2.6 MMboe.