Petronas, PTTEP hit gas off Malaysia

Malaysian energy and LNG firm Petronas confirmed a gas discovery from the Lang Lebah-2 exploration appraisal well offshore Malaysia.

The weel is located in Block SK410B production sharing contract in the Central Luconia Province, about 80 kilometres off the coast of Sarawak.

Moreover, PTTEP HK Offshore, a unit of Thaliand’s PTTEP, is the operator for the Block SK410B partnering with Kufpec Malaysia and Petronas Carigaly, a subsidiary of Petronas.

Petronas says the partners drilled the Lang Lebah-2 exploration to a total depth of 4,320 metres in mid-January 2021 with over 600 metres of proven net gas pay.

In addition, the well flowed at 50 million cubic feet of gas per day with a “significant amount” of gas in place.

This is an appraisal drilling to confirm the upside potential and to accelerate the development programme, Petronas said.

This achievement marks a “significant milestone” for the PSC parties as they continue to chart discoveries in the Central Luconia Province.

In 2019, Petronas and its partners drilled commercially viable gas discovery through the first exploration well, Lang Lebah-1RDR2, but they are also currently preparing towards field development, Petronas said.

- Advertisements -

Most Popular

Brazil’s GNA gets approval to launch first LNG power plant

Brazilian joint venture Gas Natural Acu has commissioned the first plant as part of its LNG-to-power project in the...

Canada’s FortisBC shrinks expansion plans for Tilbury LNG

Canadian utility FortisBC is scaling back expansion plans for its Tilbury LNG facility in British Columbia. The second expansion phase...

Stena adds LNG power barge to its portfolio

A unit of Sweden’s Stena said it has expanded its jetty-less LNG offering with an integrated power barge (IPB). The...

More News Like This

BASF supplies gas treatment tech for Petronas’ second FLNG project

German chemical giant BASF said it has supplied its gas treatment technology for the latest floating LNG project developed...

Indian Oil, Petronas to work on LNG terminals

India’s top state oil refiner Indian Oil is expanding its existing joint venture with Malaysian energy giant Petronas to...

Malaysia’s Petronas posts higher LNG sales

Malaysian energy giant Petronas reported a rise in its liquefied natural gas (LNG) sales, boosted by higher demand and...

Petronas says delivers its first carbon-neutral LNG cargo to Shikoku Electric

Malaysian energy giant Petronas said it has delivered its maiden carbon-neutral liquefied natural gas (LNG) cargo to Japan's Shikoku...