Greater Moran Unit is a producing conventional oil field located onshore Papua New Guinea and is operated by Oil Search (PNG). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block PDL 2, PDL 5, and PDL 6. Buy the profile here.
Field participation details
The field is owned by Exxon Mobil, JX Nippon Oil & Gas Exploration, Kumul Petroleum Holdings, Marubeni, Mineral Resources Development and Santos.
Production from Greater Moran Unit
The Greater Moran Unit conventional oil field recovered 81.15% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 21.07 thousand bpd of crude oil and condensate and 1.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2046. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 24.78 Mmboe, comprised of 24.78 Mmbbl of crude oil & condensate. Greater Moran Unit conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
About Oil Search (PNG)
Oil Search (PNG) Limited is an energy company based in Papua New Guinea. The company operates all the existing oil and gas production facilities in the country and is a subsidiary of Oil Search Limited.
For more details on the Greater Moran Unit Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
