In terms of drilling targets, he drew attention in particular to a large shallow-water gas prospect recently identified in the Gulf of Papua.

Keiran Wulff, Oil Search’s executive general manager for exploration and new ventures, told delegates at the APPEA conference in Brisbane that the offshore prospect, which is yet to be named, is located in 100 metres of water and has pre-drill potential of between 3 Tcf and 9 Tcf of gas.

Wulff