A report by independent petroleum consulting company Sproule International estimated the field to hold more than 2 trillion cubic feet in recoverable gas and 18.25 million barrels of condensate.
The Lofin-1 discovery was made in 2012 and flowed 15.7 million cubic feet of gas per day and 171 barrels per day of oil and condensate from the fractured Manusela formation.
An appraisal well, Lofin-2, was drilled on the discovery earlier this year and flowed at 17.8
