PNG: Oil Search Updates on P’nyang South 1 ST1 Well Drilling

Oil Search reports that as at 06:00 hrs PNG time on 12 April, the P’nyang South 1 ST1 well was at a depth of 2,479 metres and preparations were underway to cement the 9-5/8” casing.

On completion of the cementing programme, the forward plan is to drill ahead to the primary reservoir objectives.

P’nyang South 1 ST1 is being drilled to constrain the down dip extent of the gas column that was intersected at P’nyang South 1.

The well is located four kilometres south-west of the P’nyang 1X gas discovery and approximately 90 kilometres north-west of the Juha gas field.

The participants in P’nyang South 1 ST1 are: Oil Search Limited – 38.5%, ExxonMobil affiliates – 49.0% ,JX Nippon – 12.5%.

[mappress]
LNG World News Staff, April 12, 2012