Due to this analysis the well depth has been extended to gain additional information on the structural configuration of the reservoirs and therefore on the potential reserves in this area.
Once the deepening is complete the information gained will be used to make a decision on the forward program for the well, which may include sidetracks and testing to fully appraise the discovery.
NW Moran-1 is an exploration well in PPL219, designed to test the NW Moran Prospect, which lies on the same trend as the producing Moran field.
The well is located 4km northwest of the nearest Moran well, Moran-6.
Participants in the well are Chevron Niugini (operator) 25%, Oil Search 47.52%, Ampolex (Highlands) 18.73% and Merlin Petroleum 8.75%.
Oil Search has entered an agreement to acquire Chevron Niugini's interest in PPL-219.
