Wireline logging from the Antelope-4 sidetrack-1 well in petroleum retention license (PRL) 15 in Papua New Guinea (PNG) has confirmed a southern extension of the Elk-Antelope Field’s high-quality, gas-bearing dolomite, InterOil Corp. (NYSE: IOC) said in a news release.
The logs measured 182 vertical m (597 ft) of dolomite and a vertical gross gas column of about 339 m (1,112 ft).
The PRL 15 joint venture intends to begin drilling Antelope-6 in December as part of the appraisal program to define the resource for the Papua LNG project, the release said.
The joint venture is also considering an additional appraisal well on the western flank of the Antelope field that could add an incremental volume of 1 to 3 Tcfe.
Recommended Reading
TotalEnergies Begins Construction of Iraqi Gas Processing Facility
2025-01-10 - TotalEnergies and partners Basra Oil Co. and QatarEnergy have begun the construction of an associated gas processing facility in the Ratawi field in Iraq.
European NatGas Prices Drop Despite Norwegian Outage
2025-01-09 - The European continent continues to pull in U.S. LNG, offsetting Norway’s Hammerfest LNG outage.
Phillips 66 Makes EPIC Move to Strengthen South Texas Position
2025-01-09 - Phillips 66’s $2.2 billion deal with EPIC allows for further integration of its South Texas NGL network.
EIA Reports Light NatGas Storage Withdrawal of 40 Bcf
2025-01-08 - While the U.S. Energy Information Administration report came in under analysts’ expectations, natural gas prices gained on Jan. 8.
Excelerate Energy Hits Record on Ship-To-Ship LNG Transfers
2025-01-07 - Excelerate completed 3,000 ship-to-ship transfers onboard a platform in Bangladesh.