date:23/03/2020
location:Sydney, Australia
Meet the industry leaders who shape the Future of Mining in Australia
The well, MR-8A, started producing from a previously undrained compartment in the field and is estimated to be able to pump out 4500 barrels of oil per day, gross.
OMV New Zealand is the operator of the joint-venture and began production in February 2009.
The field production has since declined from peak rates of about 25,000boepd net to OMV.
From early beginnings in 1929, Oil Search has grown to become PNG's largest oil and gas company
Bass Oil shelves acquisition plans
Modest numbers but Bass set to expand
