The proposed Pasca A Gas Project will see the development of the Pasca A gas-condensate field located approximately 95km offshore from the Gulf Province and in shallow, water depth of 93 metres (PPL328). The field has certified 69.1 MMstb of liquids (condensate & LPG) and 326.7 Bscf of lean gas for development.
This offshore gas project is anticipated to be developed in two phases:
- Phase 1 – Production of LPG & Condensates: 125 mmscfd of wet gas (LPG) / 14,000 bpd of liquids (condensate), and Reinjection of dry gas; and
- Phase 2 – Production of Gas from gas reinjected in Phase 1.
In phase 2, aggregation of other gas fields is anticipated; initially from the Pandora gas field 60 km south west of Pasca. There are 14 stranded gas fields that have been identified as potential candidates for gas aggregation. These fields could be aggregated into one or more schemes in order to achieve a critical volume of gas to support a large-scale export solution such as mid-scale LNG.
The facilities to process the fluids will include a single integrated wellhead and production platform, and two floating storage and offtake (FSO) vessels for LPG and condensate. Reinjection will be performed on the platform via compression.
Pasca A is operated by Twinza Oil (PNG) Ltd; currently 100% equity holder (Operator)
The DPE has completed the APDL review process and anticipates PDL grant in the near future with the Gas Agreement (GA) negotiations to be underway shortly.