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    Petronas Finds Gas in Asia Pacific

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Summary

Petronas has announced new gas discoveries in three of its upstream ventures in Malaysia, Indonesia and Australia.

by: shardul

Posted in:

Asia/Oceania

Petronas Finds Gas in Asia Pacific

Petronas has announced new gas discoveries in three of its upstream ventures in Malaysia, Indonesia and Australia.

The first discovery is via the Pegaga-1 well in Block SK320, offshore Sarawak, which is operated by Mubadala Petroleum. Petronas has a 25 per cent interest in the block. The well was drilled to a total depth of 2,029 metres and encountered 247 metres of gas column.

In Indonesia PetroChina, which is the operator of and Petronas’ partner in the onshore Jabung Block in Sumatra, has made a gas discovery through the NEB Base-1 well.

“This discovery is significant as it confirms the presence of hydrocarbons in a new exploration play consisting of fractured granite in the block,” the Malaysia firm said in a statement.

Petronas holds 42.85 per cent equity in the Jabung Block.

In Australia, the Evans Shoal North-1 appraisal well in the Evans Shoal gas field in the Timor Sea has been successfully drilled to the target depth of 3,955 metres.

The partners in the NT/P48 joint venture are Shell (operator; 32.5%), Eni (32.5%), Petronas (25%) and Osaka Gas (10%). The well is operated by Eni on behalf of the joint venture.

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