Oil & Gas Hydrocarbons Discovered by Exxon Mobil Onshore Papua New Guinea
The company is continuing its active onshore and offshore exploration programmes in an effort to provide additional resources to expand existing and planned development projects.
Texas/US – Exxon Mobil has recently announced that it has encountered hydrocarbons after drilling the onshore P’nyang South-2 well, located in the Western Province of Papua New Guinea. The well was safely drilled to 8,940 feet (2,725 m), reaching high-quality, hydrocarbon-bearing reservoirs in the Toro and Digimu sandstones, consistent with pre-drilling expectations. The well confirms the southeast extension of the field.
Oil Search began drilling the P’nyang South-2 well on October 22, 2017. The well is located in petroleum retention license 3, which covers 105,000 acres (425 square km). Exxon Mobil affiliates operate the license with a 49 % interest in the block. Affiliates of Oil Search, drilling operator, have a 38.5 % interest and JX Nippon has 12.5 % interest.