Papua New Guinea: World Oil Report 1991

Journal Article · Thu Aug 01 00:00:00 EDT 1991 · World Oil; (United States)

OSTI ID:5778974

This paper reports on oil exploration which is booming in Papua New Guinea (PNG) following a rash of license applications and farm-ins. Most activity is onshore, but success is beginning to drift offshore. Currently, 40 petroleum prospecting licenses (PPL) and one producing license are active, and eight more PPL applications are being considered. PNG is expected to become an oil exporter by September 1992 when initial production is expected from Iagifu, Hedina and Agogo fields.

• OSTI ID: 5778974
• Journal Information: World Oil; (United States), Vol. 212:8; ISSN 0043-8790
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
02 PETROLEUM
OIL FIELDS
GOVERNMENT POLICIES
PAPUA NEW GUINEA
PETROLEUM
PROSPECTING
PETROLEUM INDUSTRY
ECONOMIC DEVELOPMENT
WELL DRILLING
LICENSES
EXPLORATION
EXPORTS
LICENSE APPLICATIONS
PLANNING
ADMINISTRATIVE PROCEDURES
ASIA
AUSTRALASIA
DRILLING
ENERGY SOURCES
FOSSIL FUELS
FUELS
GEOLOGIC DEPOSITS
INDUSTRY
ISLANDS
MINERAL RESOURCES
NEW GUINEA
PETROLEUM DEPOSITS
RESOURCES
TRADE
294002* - Energy Planning & Policy- Petroleum
020200 - Petroleum- Reserves
Geology
& Exploration
020700 - Petroleum- Economics
Industrial
& Business Aspects