French supermajor TotalEnergies is planning in 2024 to ultimately drill a high-impact doubtlessly big prospect offshore Papua New Guinea, the spudding of which that has already been derailed for some 4 years — not least due to the Covid pandemic.
TotalEnergies will want a drillship to drill its deep-water frontier Mailu wildcat situated on Petroleum Prospecting Licence (PPL) 576 inside the offshore Japanese Papuan plateau, which the operator earlier mentioned could be concentrating on a prospect with greater than 500 million barrels of equal of risked potential useful resource.
If profitable, the Mailu-1 wildcat — the first-ever probe on the block — that may goal an enormous Tertiary carbonate oil prospect, might open a brand new ultra-deepwater offshore play.
Addressing this week’s Seapex convention in Singapore, TotalEnergies’ geoscience and reservoir director Asia Pacific, Thierry Thomas, confirmed the 14,784 sq. kilometre block hosts big carbonate prospects with liquids potential in a considerably de-risked basin.
Water depths at PPL 576, which has an efficient date of 30 November 2016, vary as much as 2500 metres.
Mailu-1, situated 60 kilometres from the PNG coast, will probably be drilled from a water depth of 2000 metres.
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TotalEnergies additionally operates the contiguous PPL 589 that lies largely offshore southern PNG and likewise has a small onshore half, which has an efficient date of 31 October 2017.
Right here the main target is on vital knowledge acquisition and prospect maturation with a possible de-risking programme involving a 3D seismic survey. Water depths on the 15,650-square kilometre PPL 589 are as much as 2500 metres.
Each licences have multi-play prospectivity with “a excessive potential” for fluid hydrocarbons and have ready-to-drill high-impact materials sources, in response to TotalEnergies.