Oil Search spins Mananda drill bit

OIL Search is gearing up for the drilling of the Mananda-5 well in PPL 219 as part of its efforts to build reserves in Papua New Guinea.
Oil Search spins Mananda drill bit Oil Search spins Mananda drill bit Oil Search spins Mananda drill bit Oil Search spins Mananda drill bit Oil Search spins Mananda drill bit

Mananda-5 is located 25 kilometres northwest of the SE Mananda and Agogo oil fields, and is targeting 30 million barrels of oil

The well will be drilled to target the Toro, Digimu and Iagifu sandstones in the seismically defined Mananda Attic hanging wall anticline.

Mananda-5 will be drilled to a depth of 2700m and, subject to the results, may be deepened to evaluate the Koi-Iange sandstone.

Oil Search holds a 71.25% interest in PPL 219 with Nippon Oil holding 20% and Merlin Petroleum Company 8.75%.

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