SE Gobe 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 3 and PDL 4. 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 SE Gobe
The SE Gobe conventional oil field recovered 88.42% of its total recoverable reserves, with peak production in 1999. The peak production was approximately 17.54 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 7.73 Mmboe, comprised of 0.10 Mmbbl of crude oil & condensate and 45.75 bcf of natural gas reserves.
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 SE Gobe Conventional Oil Field, buy the profile here.