Westside spudded

HOPES are high after Oil Search spudded the P’nyang South-1 appraisal well in Papua New Guinea’s Western Province.
Westside spudded Westside spudded Westside spudded Westside spudded Westside spudded

High Arctic Energy Services' Rig 103 spudded the well, previously known as P'nyang-3, on Sunday in petroleum retention licence 3.

By early yesterday morning the well had reached a depth of 366m and was drilling ahead to reach the targeted Toro, Digimu and P'nyang sandstones.

The well is 4km southwest of the P'nyang-1 gas discovery and is about 90km northwest of the Juha gas field, which is part of the existing scope of the PNG LNG project.

Oil Search is drilling the well on behalf of its operator ExxonMobil.

There are hopes of proving up as much as 2 trillion cubic feet of gas. Success at the well could open up more exploration and associated commercialisation opportunities in Western Province - a region far cheaper to drill than the mountainous terrain of PNG LNG project fields in the Southern Highlands.

Once complete the rig will move east to spud the ExxonMobil-operated Trapia-1 exploration well in the Southern Highlands with well pad construction underway.

Exxon has a 49% stake in P'nyang South-1, Oil Search owns 38.5% while JX Nippon owns 12.5%.

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