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Ophir Energy

Ophir Energy’s Paus Biru-1 exploration well in the Sampang production-sharing contract (PSC) offshore Indonesia has resulted in a gas discovery. The well was drilled to a total measured depth of 710 m (2,340 ft) and encountered 29 m of estimated net pay within the target Mundu formation carbonate reservoir. The Paus Biru discovery is approximately 27 km east of the producing Oyong gas field, which is also in the Sampang PSC. The approved budget for Paus Biru-1 well was $15 million. Ophir, through its affiliate company, has 45% participating interest and is the operator of the Sampang PSC.


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