SE Gobe is a producing conventional oil field located onshore Papua New Guinea and is operated by Oil Search (PNG). The field is located in block PDL 3 and PDL 4.
Field participation details
The field is owned by Kumul Petroleum Holdings, Santos, JX Nippon Oil & Gas Exploration, Marubeni, Exxon Mobil and Mineral Resources Development.
Production from SE Gobe
The SE Gobe conventional oil field recovered 91.05% 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 2029. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 5.69 Mmboe, comprised of 0.14 Mmbbl of crude oil & condensate and 33.3 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.
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.