Insight
ExxonMobil sets sights on Elk/Antelope for PNG LNG expansion
This report is currently unavailable
Report summary
ExxonMobil has started negotiations with InterOil over the Elk and Antelope fields. The proposed deal will involve ExxonMobil purchasing sufficient gas for an additional LNG train at its PNG LNG project and funding a four-well appraisal campaign to recertify the Elk/Antelope resource. The resource size is currently reported as between 7 tcf and 11 tcf. The consideration in any deal would be phased, and tied to appraisal, development and production milestones, which would mitigate the...
Table of contents
- Executive Summary
- Exclusive negotiations with ExxonMobil
- Additional train at PNG LNG
- Enhanced economics
- Everyone’s a winner
-
Appendix
-
Project and Economic Assumptions
- Project Life
- Capital costs
- Discount rate and date
- Inflation
- Oil price
- LNG price
- Abandonment costs
-
Project and Economic Assumptions
Tables and charts
This report includes 3 images and tables including:
- Papua New Guinea's oil and gas projects
- Indicative model project economics
- PNG LNG Available Reserves
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
LNG short-term analytics: Supply tracker
Weekly short-term LNG supply tracker by liquefaction plant
$4,000
Insight
Is upstream oil & gas delivering on decarbonisation?
Upstream scope 1 & 2 emissions intensity has been cut by 12% since 2017. But is the industry delivering on decarbonisation?
$1,350
Insight
Q1 2024 pre-FID upstream project tracker: slow start but activity to pick up
Our Q1 2024 outlook for global pre-FID upstream projects.
$6,750
