Oil Search hits record Q1 boe/d output

摘要

Perth-Papua New Guinea-based Oil Search remains on track to meet its 2016 production target of between 27.5 million and 29.5 million barrels of oil equivalent, after posting record output of 7.72 million boe in the first quarter, the company said Tuesday. Oil Search’s production in Q1 was 3% higher than the 7.51 million boe the company produced in Q4 2015, and was made up of 25.82 Bcf of gas and 1.358 million barrels of liquid