Oil and gas explorer Ophir Energy has flowed gas at a well off Equatorial Guinea.
A Drill Stem Test (DST) was carried out at the Fortuna-2 well to assess the deliverability of the Fortuna gas field.
Ophir said the DST achieved a flowrate of 60MMscfd (Million Standard Cubic Feet Per Day) with a drawdown of less than 20 psi at the reservoir.
Nick Cooper, chief executive, said: “This excellent flow rate confirms the deliverability of the first phase Fortuna development and completes the subsurface de-risking prior to FEED.
“We now turn to completing the negotiation of gas terms with the Government and to the award of the contract for the mid-stream consortium; both of which are anticipated in Q4 2014.”
The company said based on the expected conditions of the FLNG facility, the well is estimated to be able to deliver a flow rate of c.180mmSCFD via the 5” drill pipe that was used for the DST.
The Fortuna field complex has estimated mean recoverable resources of 1.3TCF and will form the first phase of the FLNG development.
The next milestones for the Block R FLNG development will be the agreement of gas fiscal terms and the selection of the consortium to build, own and operate the mid-stream project.
Both of these are expected by the end of 2014, while the award for the upstream and midstream FEED (Front End Engineering Design) contracts is planned for early next year.
The FID (Fiscal Investment Decision) is expected in 2016 and first gas in 2019.
Ophir Energy holds an 80% share interest while GEPetrol holds 20%.