Ophir assumes operatorship of deepwater Indonesia PSCs

Offshore staff

LONDONOphir Energy has completed acquisition of four deepwater production-sharing contracts (PSCs) offshore Indonesia from Niko Resources.

The company will operate the West Papua IV, Aru, Kofiau, and Halmahera-Kofiau concessions, all in the West Papua and Western Birds Head basins, where there is a mix of proven and frontier oil and gas plays.

Additionally, Ophir is acquiring the North Makassar Strait and North Ganal PSCs from Niko, but has opted against taking on the Obi concession.

Ophir plans to commission 2D and 3D seismic acquisition over its new blocks in preparation for drilling in 2016-2017.

04/28/2015

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...