Petronas Makes 'Significant' Oil & Gas Discovery Offshore Malaysia

Wednesday, December 7, 2022

Malaysian oil and gas company Petronas Carigali on Wednesday announced an oil and gas discovery at the Nahara-1 well in Block SK306,  in Malaysia.

The discovery is located in the shallow waters of Balingian Province, about 150 kilometers from Bintulu, off the coast of Sarawak, offshore Malaysia.

"The Nahara-1 well was successfully drilled to a total depth of 2,468 meters and encountered hydrocarbon in the Late Oligocene to Middle Miocene aged sedimentary sequences. Light oil with minimal contaminants was also established after production testing was conducted for the well," Petronas Carigali said.

Petronas Carigali is the block's operator, with a 100% participating interest in its production-sharing contract.

Petronas Vice President of Exploration, Mohd Redhani Abdul Rahman said, “We are excited with this discovery and its impact to the future exploration effort in the surrounding areas. Nahara-1 is a significant oil discovery by PCSB within the last decade. It is a testament to the vast potential in Malaysia’s prolific basins, which remain highly prospective.”

“The discovery also reinforces PCSB’s current exploration strategy of renewing focus on its exploration efforts in Malaysia’s basins,” he added.

Categories: Energy Drilling Activity Asia Shallow Water Discoveries Drilling Rigs

Related Stories

CNOOC Puts Into Production New Oil Field in South China Sea

Hanwha Ocean Marks Entry into Deepwater Drilling Market with First Drillship

Shell Hires Noble’s Drillship for Work in Southeast Asia

Valeura Wraps Up Infill Drilling Campaign in Gulf of Thailand

Sapura Energy Nets $720M from Multiple Drilling Services Contracts

Initial Drilling Results Raise Questions on South Korea’s Offshore Gas Viability

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field

Shell Shuts Down Oil Processing Unit in Singapore Due to Suspected Leak

Pharos Energy Extends Licenses for Two Vietnamese Gas Fields

Current News

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com