The Hides gas field is a
natural gas field
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the prese ...
located in the
Hela Province
Hela is a province of Papua New Guinea. The provincial capital is Tari. The province covers an area of 10,498 km2, and there are 249,449 inhabitants (2011 census figures). Hela province officially came into being on 17 May 2012, comprising t ...
of
Papua New Guinea
Papua New Guinea, officially the Independent State of Papua New Guinea, is an island country in Oceania that comprises the eastern half of the island of New Guinea and offshore islands in Melanesia, a region of the southwestern Pacific Ocean n ...
. It was discovered by
BP in 1987, and after BP relinquished their interest, was later developed by
ExxonMobil
Exxon Mobil Corporation ( ) is an American multinational List of oil exploration and production companies, oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. Founded as the Successors of Standard Oil, largest direct s ...
. It began production in 1988 and produces
natural gas
Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium ...
and
condensates. The total
proven reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil and gas reserves and coal reserves. It is defined as the "quantity of energy sources estimated with reasonable certaint ...
of the Hides gas field are around 7.1 trillion cubic feet (203 billion m³), and production is slated to be around 100 million cubic feet/day (2.9 million m³) in 2010.
References
Natural gas fields in Papua New Guinea
ExxonMobil oil and gas fields
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