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    Lundin Makes Small Gas Discovery Offshore Malaysia

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Summary

Lundin Petroleum on Monday said it has made a small gas discovery offshore Malaysia.

by: Shardul

Posted in:

Asia/Oceania

Lundin Makes Small Gas Discovery Offshore Malaysia

Lundin Petroleum on Monday said it has made a small gas discovery offshore Malaysia.

Company’s wholly owned subsidiary Lundin Malaysia made the discovery with the Mengkuang-1 exploration well in license PM307, off the coast of Malaysia. 

The well was to a total depth of 1,259 metres below mean sea level and encountered nine metres of gas pay in the I-35 group Miocene channel sands. The well was plugged and abandoned.

Lundin Malaysia holds 75 percent working interest in PM307 while PETRONAS holds the remaining 25 percent working interest.

The Swedish firm operates six blocks in Malaysia, namely PM307, PM319, PM308A, PM308B, PM328 and SB307/308.