OPERATIONS

Moran flows 4000bopd

The Oil Search operated NW Moran-1 ST5 well in PNG has been shut-in for the second build-up period during a drill-stem test on the Toro C reservoir.

Moran flows 4000bopd

Perforated on Wednesday the Toro C reservoir flowed over six hours at a rate of 4000bopd. This rate was constrained by surface equipment limitations.

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 this well are Oil Search 72.52%, Exxon Mobil (through Ampolex) 18.73% and the Japanese consortium owned Merlin Petroleum 8.75%.

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