Search results for: P’nyang

15887 results

A list of search results

  • 19 April 2012

    Oil Search reporte that as at 06:00 hrs PNG time on 19 April, the P’nyang South 1 ST1 well was at a depth of 2,944 metres and undertaking a formation evaluation programme over the Toro sandstone. Drilling progress for the week was 456 metres. During the week, P’nyang South 1 ST1 drilled through the primary […]

  • 22 March 2012

    Oil Search reports that as at 06:00 hrs PNG time on 22 March, the P’nyang South 1 ST1 well was at a depth of 1,628 metres and drilling ahead in a 12-¼” hole. Drilling progress for the week was 760 metres. During the week, the P’nyang South 1 well was plugged back and drilling of […]

  • 12 April 2012

    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 […]

  • 16 May 2019

    Santos has signed a binding letter of intent to acquire a 14.3 percent interest in PRL 3 license, containing the P’nyang natural gas field in Papua New Guinea.

  • 5 April 2012

    Oil Search reported that as at 06:00 hrs PNG time on 5 April, the P’nyang South 1 ST1 well was at a depth of 2,479 metres in 12-¼” hole, with preparations underway for running 9-5/8” casing. Drilling progress for the week was 297 metres. P’nyang South 1 ST1 is being drilled to constrain the down […]

  • 12 April 2018

    ExxonMobil said the size of the natural gas resource at the P’nyang field in Papua New Guinea is 84 percent higher than previously assessed in 2012.

  • 16 January 2015
    Project & Tenders

    ExxonMobil PNG, operator of the PNG LNG project, and the government of Papua New Guinea have reached an agreement to supply up to 20 million cubic feet a day of domestic natural gas.

  • 17 July 2019

    The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search said that progress has been made on the Papua LNG project. 

  • 22 April 2020
    Infrastructure

    The ExxonMobil-operated PNG LNG plant delivered a total of 27 cargoes during the first three months of the year.

  • 3 February 2020

    Papua LNG project is expected to advance with certain modifications following the halt in negotiations between the JV partners and the PNG government over P’nyang gas field agreement. 

  • 20 February 2018
    Ports & Logistics

    The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search said on Tuesday that the company and energy giants ExxonMobil and Total have broadly agreed on how they want to develop the resources from Elk-Antelope and P’nyang gas fields. The development concept that will be proposed is likely to comprise the construction […]

  • 16 January 2018

    US energy giant ExxonMobil hit gas at the onshore P’nyang South-2 well, located in the Western Province of Papua New Guinea increasing reserves for the PNG LNG project. 

  • 5 August 2019

    The government of Papua New Guinea has agreed in principle to support the Papua LNG gas agreement. 

  • 18 July 2017

    ExxonMobil-operated PNG LNG project hit a new record, reporting a monthly production average of 8.65 mtpa in June, the highest it recorded since start-up. 

  • 21 August 2012

    Oil Search reported that its profit after tax for the six months to 30 June was US$107.5 million, compared to US$114.5 million in the corresponding period of 2011. Sales revenue increased by 7%, due to higher gas sales and rig income, underwritten by continued strong oil production and a healthy oil price, with the 6% […]

  • 17 April 2018

    The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search, saw its first-quarter production slashed due to the shut-in following the February earthquake. 

  • 24 January 2012

    Oil Search today announced its activities report for the quarter ended 31 December 2011. Highlights In early December, the operator of the PNG LNG Project, Esso Highlands Limited, a subsidiary of Exxon Mobil Corporation, confirmed that good progress is being made on all aspects of the Project and that it remains on track to achieve […]

  • 21 October 2020
    Business & Finance, Business developments & projects

    The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search reported a drop in revenue in the third quarter of 2019.

  • 9 February 2020

    Shell halts Prelude FLNG production The Hague-based LNG giant Shell has reportedly halted production at its Prelude floating liquefied natural gas facility located 475 km North-East of Broome in Western Australia. Petronet LNG, Tellurian to finalize $2.5 bln deal soon India’s Petronet LNG, the country’s largest liquefied natural gas importer, is set to sign a […]

  • 17 July 2018

    The Papua New Guinea-focused oil and gas producer, Oil Search, saw its production figures rebound in the second quarter as the ExxonMobil-operated PNG LNG project restarted. 

  • 7 March 2012

    Oil Search said that it has acquired a 50% interest in PPL 277 from Kingsbury Limited, a wholly owned subsidiary of New Guinea Energy (NGE). The consideration for the purchase comprises a cash payment of US$7.5 million. Subject to further conditions, NGE may be entitled to an additional US$10 million from Oil Search if a […]

  • 23 January 2018
    Ports & Logistics

    ExxonMobil-operated PNG LNG project operated at an annualized rate of approximately 8.3 mtpa during the fourth quarter of 2017, shipping a total of 28 cargoes in the period.