Business Services Industry
AUSTRALIA'S SANTOS MAKES FIRST ON-SHORE PAPUA OIL DISCOVERY.
AsiaPulse News, December, 2002
MELBOURNE, Dec 24 Asia Pulse - Santos Ltd has made its first on-shore Papua New Guinea oil discovery, with a test flow at a rate of 2,000 barrels per day at Bilip 1.
The energy giant said today a 22 minute test flow at the Bilip 1 oil discovery in PPL 190 permit in the southern highlands of PNG, produced an estimated volume of 30.5 barrels.
Santos is operating partner and has a 31.278 per cent interest in the field.
Oil Search holds an interest in the project of 31.278 per cent with Murray Petroleum Co Ltd holding 26.497 per cent and Cue PNG Oil Company holding the remaining 10.947 per cent.
The closed chamber drill stem test was conducted in the lagifu sandstone reservoir over the interval 2,445m to 2,448m.
The flow rate was an...
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
- Samsung Mobile Highlights Mobile Innovation and Leadership at International CES 2010
- Qosmos Gains Momentum with Network Intelligence Technology
- Graphic.ly Debuts in Microsoft’s Keynote Address at Consumer Electronics Show
- Research and Markets: Construction Site Supplies Market in Russia: a Comprehensive Business Report
- Research and Markets: Overview of the Business & Enterprise Application Software and Services Market in Developed Asia-Pacific
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- Using object-oriented analysis and design over traditional structured analysis and design
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
