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Ophir Field Achieves First Oil

Source: www.gulfoilandgas.com 11/10/2017, Location: Not categorized

Octanex said first oil has been achieved at the Ophir field, offshore Malaysia, following commencement of production from the field on 20 October. Production during this period was constrained to a maximum of 3000 bo/d. A de-bottle necking phase of commissioning is underway, and Octanex expects that the first lifting of Ophir crude will occur in December 2017.

The Ophir field with a water depth of approximately 70m and has been developed via three production wells, a wellhead platform and floating production storage and offload (FPSO) vessel.

It has been developed pursuant to a Risk Service Contract granted in 2014 by PETRONAS to Ophir. Octanex holds a 50% interest in the permit and its joint venture shareholders are Scomi with 30% and Vestigo Petroleum with 20%.

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