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 Thailand’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 meters in mid-January 2021 with over 600 meters 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 program, 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

South Korean yards built 500 LNG carriers for export in 30 years

South Korean yards have completed 500 liquefied natural gas (LNG) tankers for export since 1994, according to the Ministry...

MARAD: Delfin needs to submit amended application for FLNG project

The US Maritime Administration (MARAD) said that Delfin LNG needs to file an amended application for its floating LNG...

Report: Egypt’s EGAS charters Hoegh LNG’s FSRU

The Egyptian Natural Gas Holding Company (EGAS) has chartered Hoegh LNG's floating storage regasification and storage unit, Hoegh Galleon,...

More News Like This

Petronas: steel cut for third FLNG in South Korea

South Korea's Samsung Heavy Industries has officially started building the third floating LNG production unit for Malaysian energy giant...

Argentina’s YPF launches engineering tender for floating LNG units

Argentina’s state-owned oil and gas company YPF launched a tender for engineering work for floating LNG units as part...

Malaysia’s Petronas logs lower LNG sales in 2023

Malaysian energy giant Petronas reported a drop in its 2023 liquefied natural gas (LNG) sales, while its profit decreased...

YPF expects FID on first phase of Argentina LNG project in 2025

Argentina’s state-owned oil and gas company YPF expects to take a final investment decision on the first phase of...