Mubadala hits gas off Malaysia
UAE-based Mubadala has made a gas discovery at block SK320 some 220 km off the coast of Bintulu, Sarawak, in Malaysia, its local partner Petronas said on September 20.
The Cengkih-1 well was drilled to a depth of 1,680 m last month, encountering a gas column of more than 110 m in carbonate reservoirs, Petronas said. Mubadala operates the block with a 55% interest in its production sharing contract, while Petronas has 25% and Shell has 20%.
Petronas said the discovery built "on a string of exploration successes in the Central Luconia region," confirming the "large potential" for the region's carbonate play. It noted the find was in close proximity to other existing facilities, including at the Pegaga discovery, put into production in March.