Prospects for a liquefied natural gas export project in Papua New Guinea are brightening.
A group led by Mobil Oil Corp. last week tested 43 MMcfd of dry gas in an appraisal well delineating Pandora field in the Gulf of Papua. That follows a hefty flow rate from a shallower zone in the same well the previous week.
Mobil and partners are seeking to prove enough gas reserves in the Gulf of Papua to support a proposed LNG export project that would incorporate onshore Papua New Guinea discoveries as well as those in the Gulf of Papua.
Mobil BX-1 appraisal well's 43 MMcfd flow rate came from a 22 m interval below 1,978 m...