Exxon got a successful result for production rate close to Hides field in Papua New Guinea

After the results coming from previous explorations, in a company press release, Exxon Mobil Corporation announced positive production well test results from the Muruk 1 sidetrack 3 well in the Papua New Guinea North Highlands located about 21 kilometers northwest of the Hides gas field.
The well successfully flowed gas at a rate of 16 million standard cubic feet per day. The well rate was constrained by test facilities which limited tests to short flow and build up periods. Hydrocarbon samples were collected during the production test.
The production test confirms Muruk as a potentially significant new discovery close to existing PNG LNG infrastructure.
Oil Search began drilling the Muruk 1 well on Nov. 2, 2016. Petroleum prospecting license 402 covers 510 square kilometers in the Papua New Guinea Highlands. Interest owners are ExxonMobil with 42.5%, Oil Search Limitedwith 37.5% and Barracuda Limited, a subsidiary of Santos Limited with a 20% interest, with Oil Search as operator.