Our Activities

Exploration

In light of the material increase in annual production following start-up of the PNG LNG Project, Oil Search believes that reserve replacement through exploration is essential for its long-term future. In addition, the Company recognises that it is important to continue to invest in exploration through the oil price cycle, to ensure an ongoing pipeline of future growth opportunities.

The Company’s exploration activities over the next few years will focus on the significant gas upside that exists in PNG, which has the potential to drive further LNG developments, the disciplined pursuit of high-value conventional liquids opportunities and on potential new ‘game changer’ plays.