Petronas Launches Offshore Seismic Survey to Explore Langkasuka Basin

Wednesday, November 15, 2023

Malaysia's Petronas said Wednesday it had undertaken a new offshore multi-client 2D seismic survey in the northern area of the Straits of Melaka (Straits of Malacca) to explore and map the hydrocarbon potential in the open blocks of PM320 and PM321 of the Langkasuka Basin. 

The survey will increase the availability of a larger pool seismic data,  leading to a higher probability of discovering hydrocarbon potential which, in turn, is expected to attract prospective investors in future bid rounds, Petronas said.

"This ongoing seismic survey was initiated in October 2023 and is set to  conclude in late December this year. It covers an area of over 38,000 square kilometres with the aim of acquiring approximately 8,000  kilometres of new 2D seismic data. It is designed to provide superior  quality seismic data for prospecting the pre-Tertiary targets, Petronas added.

Petronas Senior Vice President of Malaysia Petroleum Management (MPM), Mohamed Firouz Asnan said, “PETRONAS continues to invest in data enrichment for Malaysian basins, like the emerging Langkasuka Basin. Initiatives such  as this multi-client seismic survey is expected to attract exploration  interests to support the country’s production growth strategy.” 

Azmir Zamri, Senior General Manager of Resource Exploration MPM, added “Our recent study of the Langkasuka Basin indicates hydrocarbon potential in the untested deeper pre-Tertiary formation, which prompted for this seismic survey to be conducted. The first exploration probe is expected  in the next three years to test this exciting new geological play.”

Petronas, through MPM, is the custodian of the petroleum resources in Malaysia.  With this mandate, MPM manages petroleum arrangements and provides stewardship on upstream exploration and production activities in Malaysia.


Categories: Geoscience Industry News Activity Asia Seismic

Related Stories

China's Sinopec Laucnhes $690M Hydrogen Venture Capital Funds

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

Fire Contained at Vietnamese Oil Platform Undergoing Decommissioning (Video)

ABS Greenlights SHI’s Multi-Purpose Deepwater LNG Floating Unit

Turkey Discovers New Black Sea Gas Reserve

ADNOC’s XRG Partners Up with Petronas for Offshore Gas Block in Caspian Sea

Valeura Energy Greenlights Wassana Oil Field Redevelopment off Thailand

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

Current News

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

China's Sinopec Laucnhes $690M Hydrogen Venture Capital Funds

CIP, ACEN Partner Up for First Large-Scale Offshore Wind Farm in Philippines

Valeura Concludes Eight-Well Drilling Campaign in Gulf of Thailand

Three Dead in Chevron's Angolan Oil Patform Fire

BW Opal FPSO Vessel set for Work off Australia

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

Fire Contained at Vietnamese Oil Platform Undergoing Decommissioning (Video)

Velesto’s Jack-Up Rig Set for Drilling Job off Indonesia

Petronas, Inpex Secure Oil and Gas Exploration Rights off Indonesia

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