Ophir’s Successful DST on Equa G’s Fortuna-2

Wednesday, October 22, 2014

After Ophir successfully drilled and cored the Fortuna-2 well, a DST was conducted to prove the deliverability of the Fortuna gas field.

The DST achieved a sustained flowrate of 60 Mmscfd with a drawdown of less than 20 psi at the reservoir. The excellent flow rate, at minimal drawdown, is a strong indication that the number of development wells required for the Fortuna reservoir will be reduced from the seven initially assumed in scoping work, thereby improving development economics. During pre-FEED, this result will be evaluated, in conjunction with the core, to create reservoir models that will then help determine the final number of development wells.

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