Asset Report
P`nyang Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The P`nyang and P`nyang South fields are located approximately 130 kilometres northwest of Hides, in the Highlands of Papua New Guinea. P`nyang was discovered by Chevron in 1990 and P`nyang South by ExxonMobil in 2012. In 2018, TotalEnergies and ExxonMobil announced that the Papua LNG project would be developed as part of the PNG Expansion project - an 8 mmpta, three-train expansion at the ExxonMobil-operated PNG LNG site. The P'nyang fields were to be developed as part of the PNG Expansion project, but a lack of agreement on fiscal terms between the PNG Government and the P'nyang JV halted progress. The Papua LNG project was revised as a separate integrated LNG development to be supplied by the Elk and Antelope fields. The P`nyang Area will be developed as backfill for the PNG LNG plant.
Table of contents
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Summary
- Linked Reports
- Key Issues
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Key development metrics
- Wells
- Upstream facilities
- Exploration costs
- Capital costs
- Operating costs
- Cash flow
- Global Economic Model (GEM) file
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Index MapP`nyang Area Detail MapParticipation
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Reserves (2P) at 01/01/2026Production (2034-2043)Production ProfileCapital Costs Pre-2030 to 2038 (US$ million)Operating Costs 2034 to 2043 (US$ million)Annual Gas PricesCash Flow (US$)PV Table (US$)
- 5 more item(s)...
What's included
This report contains:
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