Exploration and Appraisal Drilling Update April 2019
(ASX: OSH | ADR: OISHY | POMSoX: OSH)
2 May 2019
Well Name
Well Type
Location
Spud Date
Rig
Objective/
Target
Status
Muruk 2
Appraisal
PDL 9, Highlands, PNG (11.7 kilometres NW of Muruk 1)
10 November 2018
High Arctic Rig 104
Cretaceous Toro Sandstone.
The objective of Muruk 2 is to constrain the potential resource volumes in the field.
During the month, the Muruk 2 well was tested, confirming gas in pressure communication with Muruk 1 ST3. The well flowed at a maximum rate of 16.5 mmscf/day on a 52/64" choke. This was impacted, as expected, by drilling-induced formation damage, caused by mud and other fluid losses into the reservoir, which materially reduced flow rates.
Muruk 2 | P N G | |||
PPL 402 | ||||
JUHA | MURUK | |||
NORTH | ||||
Muruk 1 | ||||
JUHA | PDL 1 | |||
HIDES | ||||
PDL 9 | PDL 7 | |||
OSH Operated | PDL 7 | |||
OSH Interest | ||||
Operator
Participants1
Pressure gauges have been installed downhole to monitor the well during the pressure build-up phase. This will assist in evaluating the contingent resources in the Muruk field, which is located only 20 kilometres away from existing infrastructure at Hides.
The well has been plugged and abandoned and the rig is being demobilised. This is the final drilling report for Muruk 2.
Oil Search (on behalf of Esso PNG Juha Ltd)
Oil Search (Tumbudu) Ltd | 24.4% |
Esso PNG Juha Ltd | 21.7% |
Ampolex (PNG) Ltd | 21.7% |
Kumul Petroleum (Kroton) Ltd | 20.5% |
Nippon PNG LNG LLC | 9.7% |
Gas Resources Juha No. 1 Ltd | 2.0% |
Total | 100% |
Oil Search Limited | Head office | Sydney office | Mailing address |
Incorporated in | Port Moresby | 1 Bligh Street | GPO Box 2442 |
Papua New Guinea | Papua New Guinea | Sydney NSW 2000 | Sydney NSW 2001 |
ARBN 055 079 868 | |||
Australia | Australia | ||
Tel: +61 2 8207 8400
Fax: +61 2 8207 8500 www.oilsearch.com
1Gross interests, pre-Government and landowner back-in rounded to 1 decimal place
Well Name Well Type
Location
Rig
Status
Pikka B/Pikka B ST1 and Pikka C/Pikka C ST1
Appraisal
Pikka Unit, Alaska North Slope
Pikka B/Pikka B ST1 - Doyon Arctic Fox Pikka C/Pikka C ST1 - Nabors 105E
Demobilisation of the drilling rigs and other equipment from both well sites was safely completed in April.
This is the final drilling report for this season's Pikka wells.
Operator | Oil Search | ||
Participants | |||
Oil Search (Alaska) LLC | 25.5% | ||
Repsol E&P USA, Inc. | 49.0% | ||
Armstrong Energy, LLC | 19.1% | ||
GMT Exploration Company, LLC | 6.4% | ||
Total | 100.0% | ||
All depths quoted are measured depth from rotary table (MDRT).
PETER BOTTEN, AC, CBE
Managing Director
Oil Search - April Drilling Report - 2 May 2019w ww.oilsearch.com
2
Investors and International Media
Ann Diamant
General Manager, Investor Relations and Communications
Tel: +612 8207 8440
Mob: +61 407 483 128
US Media
Amy Burnett
Manager, U.S. Media & Communications
Tel: +1 907 646 7001
Mob: +1 907 529 1594
Investors
Stephanie Chu
Investor Relations Manager
Tel: +612 8207 8542
Mob: +61 481 038 179
Oil Search - April Drilling Report - 2 May 2019w ww.oilsearch.com
3
Attachments
- Original document
- Permalink
Disclaimer
Oil Search Limited published this content on 02 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 May 2019 07:37:09 UTC