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ExxonMobil encounters hydrocarbons onshore Papua New Guinea

ExxonMobil today announced that it encountered hydrocarbons after drilling the onshore P’nyang South-2 well, located in the Western Province of Papua New Guinea. “We are currently evaluating the well results and together with our co-venture partners will assess the P’nyang field resource potential and development pathway,” said Liam Mallon, president ...

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South China Sea Project Starts Production

CNOOC Limited has confirmed that the Weizhou 12-2 oil field phase II project, located in the Beibu Gulf in the South China Sea, has commenced production. The project is expected to reach its designed peak output of approximately 11,800 barrels of crude oil per day in 2018. Currently, seven wells ...

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