Publicly traded international oil and gas company Exxon Mobil’s Muruk-1 sidetrack well in the Papua New Guinea (PNG) North Highlands has yielded positive drilling results.
According to the company, the Muruk-1 sidetrack well, located 13 miles (21km) north-west of the Hides gas field, was safely drilled to 13,550ft (4,130m).
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During drilling, Sandstone reservoirs were encountered south-west of the Muruk-1 natural gas discovery announced last year.
ExxonMobil Exploration Company president Steve Greenlee said: “This important discovery confirms the extent of the Muruk area and further establishes Muruk as a potentially significant new discovery with the same high-quality sandstone reservoirs as the Hides field that underpins the PNG LNG project.
“The diversity of our onshore and offshore portfolio demonstrates the strength of ExxonMobil’s long-term investment approach and the opportunities that exist to grow our business in Papua New Guinea.”
The well is located in Petroleum prospecting licence 402, which covers 126,000 acres (510km²) in the PNG Highlands.
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By GlobalDataCommenting at the time of the gas discovery last year, Greenlee noted: “We are excited by the results of the Muruk-1 exploration well, which confirms the presence of hydrocarbons in the same high-quality sandstone reservoirs as the Hides field that underpins the PNG LNG project.
“Over the coming months, we will work with our co-venturers to better determine the full resource potential.”
Oil Search, the operator, began drilling the Muruk-1 well in November last year.
ExxonMobil, Oil Search and Barracuda each own an interest of 42.5%, 37.5% and 20% respectively.
