Ophir has announced the spudding of the Starfish-1 oil exploration well in the Offshore Accra contract area in Ghana
The Starfish-1 well is Ophir’s first well in the West African country and will be drilled by the Stena DrillMax drillship.
The well is located in water depths of 1,500 metres and is expected to take 35 days to drill to a proposed total depth of 4,560 metres.
Ophir’s management have estimated a mean prospective resources of 292mn barrels of oil equivalent with a 20 per cent chance of success for the Starfish prospect.
Nick Cooper, CEO of Ophir, said, “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 programme, with four new oil plays being targeted in the next 12 months, in addition to the ongoing gas exploration in Tanzania.”
Ophir operates the Offshore Accra contract area with a 20 per cent equity position.