Total begins drilling at Antelope 6

Total E&P PNG Limited, operator of Petroleum Retention Licence 15 in the Gulf Province, has begun drilling the Antelope-6 appraisal well.

According to a statement released by the Port Moresby Stock Exchange, the well is designed to provide structural control and reservoir definition on the field’s eastern flank.

It has a proposed total depth of about 2,464 metres (8,084 feet) true vertical depth sub-sea and is located about 2km east-south-east of Antelope-3.

InterOil holds a 36.5375% interest in the well.

Total E&P PNG Limited has a 40.1275% interest, Oil Search has 22.8350%, and the remaining 0.5000% is held by minority parties.

Author: 
Freddy Mou