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Overview of Revenue Data for 2023

Number of License Types
License Revenue Contribution
Petroleum Licenses Revenue Summary
License Type Description No. of Licenses Amount (PGK)
PPL Petroleum Prospecting License (PPL) 10 280,000.00
PRL Petroleum Retention License (PRL) 13 390,000.00
PDL Petroleum Development License (PDL) 11 1,100,000.00
PPFL Petroleum Processing Facility License (PPFL) 2 200,000.00
TOTAL 36 1,970,000.00
Petroleum Prospecting License (PPL) Fees
License Company Amount (PGK)
PL 1 Santos Ltd 10000.00
PL 2 Oil Search (PNG) Ltd 100000.00
PL 2 Oil Search (PNG) Ltd 100000.00
PL 3 Oil Search (PNG) Ltd 10000.00
PL 4 ExxonMobil PNG Ltd 10000.00
PL 5 ExxonMobil PNG Ltd 10000.00
PL 6 ExxonMobil PNG Ltd 10000.00
PL 7 ExxonMobil PNG Ltd 10000.00
PL 8 ExxonMobil PNG Ltd 10000.00
PL 16 ExxonMobil PNG Ltd 10000.00
Petroleum Retention License (PRL) Fees
License Company Amount (PGK)
PRL 3 ExxonMobil PNG Ltd 30000.00
PRL 14 Oil Search (PNG) Ltd 30000.00
PRL 14 Oil Search (PNG) Ltd 30000.00
PRL 15 TotalEnergies EP PNG Ltd 30000.00
PRL 15 TotalEnergies EP PNG Ltd 30000.00
PRL 39 ExxonMobil PNG Ltd 30000.00
PRL 40 Arran Energy Niugini Ltd 30000.00
PRL 41 Oil Search (PNG) Ltd 30000.00
PRL 41 Oil Search (PNG) Ltd 30000.00
PRL 47 Kumul Petroleum Holdings Ltd 30000.00
PRL 48 Kumul Petroleum Holdings Ltd 30000.00
PRL 49 Kumul Petroleum Holdings Ltd 30000.00
PRL 50 Kumul Petroleum Holdings Ltd 30000.00
Petroleum Development License (PDL) Fees
License Company Amount (PGK)
PDL 2 Oil Search (PNG) Ltd 100000.00
PDL 2 Oil Search (PNG) Ltd 100000.00
PDL 3 Oil Search (PNG) Ltd 100000.00
PDL 4 Oil Search (PNG) Ltd 100000.00
PDL 4 Oil Search (PNG) Ltd 100000.00
PDL 5 Oil Search (PNG) Ltd 100000.00
PDL 6 Oil Search (PNG) Ltd 100000.00
PDL 1 ExxonMobil PNG Ltd 100000.00
PDL 7 ExxonMobil PNG Ltd 100000.00
PDL 8 ExxonMobil PNG Ltd 100000.00
PDL 9 ExxonMobil PNG Ltd 100000.00
Petroleum Processing Facility License (PPFL) Fees
License Company Amount (PGK)
PPFL 1 Puma Energy PNG Refining Ltd 100000.00
PPFL 2 ExxonMobil PNG Ltd 100000.00

Note: SE Gobe production resumed in October.

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