Moran Oil Project

Located Hela Province, The Moran Project comprises of three license areas; PDL 2, PDL 5 and PDL 6 which is collectively known as  the Greater Moran Unit.

First discovery was made in 1996 in PDL 2. Commercial production commenced in 1998 with initial production at an average of 45 000 bbls/day.  Moran 4 located in PDL 5 (PPL 138) commenced production in April 2000. In 2002, a unitized agreement was signed between licensees of PDL 2 and PDL 5 resulting in the Central Moran Project.

In late 2003 North-west Moran (PPL 219) was discovered.  In 2006 all Joint Venture partners in PDL2, PDL5 and PPL219 establish a single Greater Moran Unit across the Moran and NW Moran fields.  Petroleum Development License for PPL 219 was granted in 2008 resulting in PDL6.

Production has since declined and is now producing at an average of 700 bbls/day

Oil Search (PNG) Limited is the Operator of PDL-2 and the Moran Unit.

OSL Rig 104 Moran Well Site
OSL Rig 104 Moran Well Site