Oil Search working to get back to full production

ABOUT 80 per cent of Oil Search’s oil production is expected to be returned to pre-earthquake levels by the middle of this year, says Oil Search managing director Peter Botten, pictured.
“Remediation work is continuing to restore all facilities to support the return to full production.
We anticipate that over the second quarter, approximately 80 per cent of Oil Search-operated oil production will be returned to pre-earthquake levels,” Botten said.
“Although there was damage to the HGCP (Hides Gas Conditioning Plant) camp and other infrastructure, including the Komo Airfield, the major Papua New Guinea Liquified Natural Gas (LNG) Project processing facilities, export gas and condensate pipelines and Hides production wells were not significantly impacted by the earthquake due to their
world-class design and construction.
“In March, an LNG cargo was purchased to ensure that the LNG tanks and loading system, as well as associated infrastructure at the LNG plant site near Port Moresby, were kept cool.
“This minimised the restart time for LNG production and ensured the continued supply of power to Port Moresby. The HGCP started delivering gas and LNG production recommenced in April, ahead of ExxonMobil’s previously estimated eight-week timeframe.
“The Oil Search-operated and Papua New Guinea LNG production facilities are insured for property damage, including cover for earthquake-related damage. We are in discussions with our insurers to progress claims on a timely basis”.