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  1. Market Data
April 28, 2022

Elk-Antelope (Papua LNG) Conventional Gas Field, Papua New Guinea

By Carmen

Elk-Antelope (Papua LNG) is a conventional gas development located onshore Papua New Guinea and is operated by Total E&P PNG. Discovered in 2006, Elk-Antelope (Papua LNG) lies in block PRL 15.

The project is currently in feasibility stage and is expected to start commercial production in 2027. Final investment decision (FID) of the project will be approved in 2023.

Field participation details

The field is owned by TotalEnergies, Santos, Exxon Mobil and Kumul Petroleum Holdings.


Production from Elk-Antelope (Papua LNG)

Production from the Elk-Antelope (Papua LNG) conventional gas development project is expected to begin in 2027 and is forecast to peak in 2039, to approximately 9,568 bpd of crude oil and condensate, 53 Mmcfd of natural gas and 1,052 Mmcfd of liquid natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2057.


Remaining recoverable reserves

The field is expected to recover 1,163.93 Mmboe, comprised of 57.33 Mmbbl of crude oil & condensate, 290.73 bcf of natural gas reserves and 6,348.84 bcf of liquid natural gas reserves.


Contractors involved in the Elk-Antelope (Papua LNG) conventional gas field

Some of the key contractors involved in the Elk-Antelope (Papua LNG) project as follows.

Other Contractors: High Arctic Energy Services and IDP Consulting (Singapore)

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

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