DRILLING

Oil Search hopes to open Kutubu extension

Oil Search is testing a possible extension to the Kutubu field in PNG, after spudding the IDT-9 S...

This article is 20 years old. Images might not display.

IDT-9 ST2 is being drilled by Parker Rig 226 which is re-entering and sidetracking from an existing shut-in well, IDT-9 ST1.

This well produced oil for a number of years from a separate fault block before watering out in 2001, when the well was shut-in.

The extension has the potential of delineating up to 60 million barrels of oil-in-place in the Toro and Iagifu sandstones, with approximately 6 million barrels recoverable from this well.

The company said should hydrocarbons be intersected by IDT-9 ST2, the well could be immediately tied into the central processing facility for production testing using the existing flowline.

Interests are Oil Search 72.0%, operator, ExxonMobil 14.5%, Petroleum Resources (Kutubu) Ltd 6.7%, Merlin Petroleum 6.8%.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

Energy News Bulletin Future of Energy Report 2024

With the global energy market in constant development, this report captures the sentiment of key industry players on the future of energy in Australia – and how it has changed through 2024.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.