Oil and gas potential of Papua New Guinea
Papua New Guinea (PNG) lies at the eastern end of the Indonesian Archipelago. Its coincidence with the collision zone between the Australian continental plate and the Pacific plate has influenced the geologic evolution of the country. These two major features have rubbed, abraded, overridden, penetrated, and slid by each other to form the geologic complex of basins, uplifts, foundered blocks, and volcanic zones known today as PNG. Since the turn of the century, exploration for oil and gas has produced a melange of data, ideas, and theories, which perhaps are more complex than the physical geology of the region itself. In 1982, the PNG Department of Minerals and Energy initiated a comprehensive study of the hydrocarbon potential of the country through its Geological Survey. The study was financed through International Monetary Fund (World Bank) and OPEC funds. As a result of this work, exploration potential was demonstrated, new play concepts were proposed, and new exploration efforts were introduced following a call for international tenders. These results will be outlined and illustrated.
- Research Organization:
- Lundin Group, Geneva, Switzerland
- OSTI ID:
- 7229947
- Report Number(s):
- CONF-8608105-
- Journal Information:
- Am. Assoc. Pet. Geol., Bull.; (United States), Vol. 70:7; Conference: 4. circum-Pacific energy and mineral resource conference, Singapore, China, 17 Aug 1986
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
03 NATURAL GAS
NATURAL GAS DEPOSITS
EXPLORATION
PAPUA NEW GUINEA
PETROLEUM DEPOSITS
TECTONICS
ASIA
AUSTRALASIA
GEOLOGIC DEPOSITS
ISLANDS
MINERAL RESOURCES
NEW GUINEA
RESOURCES
020200* - Petroleum- Reserves
Geology
& Exploration
030200 - Natural Gas- Reserves
Geology
& Exploration