Kutubu Oil Field
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Papua New Guinea Oil & Gas Fields
Oil Search Oil & Gas Fields
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Summary Information
- Operator: Oil Search
- Country: Papua New Guinea
- Location: Southern highlands
- Production start: 1992
- Partners:
- Type: Oil
- Estimated Reserves:
- Production Volume:
Description
- The Kutubu Oil Project, which was Papua New Guinea's first commercial oilfield development, is located in the southern highlands of Papua New Guinea
- The Kutubu development comprises a network of wells that produce oil from the Iagifu-Hedinia, Usano and Agogo fields, a gathering system and on-site processing facilities (the Agogo and Central Processing Facilities) and supporting infrastructure, as well as a 265 kilometre export pipeline to the coast and a marine loading terminal in the Gulf of Papua
- The Kutubu crude oil is a light, sweet 45 degree API oil and is sold as part of the "Kutubu Blend" together with Moran and Gobe crudes
Contractors
- -
History
- 1986 - Oil was first discovered at Kutubu
- 1992 - Commercial production commenced
- 1998 - BP sells its share of the field to Oil Search
- 2003 - Oil Search acquires Chevron's share
Geology
- The main reserves are contained within high permeability oil rims in the Toro and Digimu sandstones with smaller volumes in the Iagifu and Hedinia reservoirs
Links
- Oil Search, Kutubu
- BP Sells Papua New Guinea Assets for $400 Million
- OIL SEARCH LIMITED Acquires ChevronTexaco’s Interests in Papua New Guinea
page revision: 4, last edited: 27 Nov 2014 14:04