Project Profile
Location: Rakhine basin, Myanmar offshore
Area: 9,898 sq km
Water depth: 2,500 m
Start-up Year: -
Ophir Energy has been awarded a 95% operated interest in deepwater Block AD-03 offshore Myanmar as part of the current licensing round. The award is subject to finalisation of a Production Sharing Contract with the Ministry of Energy. The Block is approximately 10,000 km2 in size and is located in the Rakhine basin, on trend with the multi-TCF Shwe gas field. The initial exploration period will see Ophir re-process existing 2D seismic and acquire 3D seismic data.
Operators:
Ophir Energy plc: Operator with 95% interest
Other: 5% interest
Contractors:
Dolphin Geophysical: 3D data acquisition and processing of 10,000 square kilometres with Ophir Energy in Myanmar. (1Q, 2015)