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    PTTEP makes another gas discovery off Malaysia

Summary

This is the fourth discovery off Malaysia in recent months.

by: Shardul Sharma

Posted in:

Complimentary, NGW News Alert, Natural Gas & LNG News, Asia/Oceania, Corporate, Exploration & Production, News By Country, Malaysia

PTTEP makes another gas discovery off Malaysia

Thai state-run PTTEP has announced another gas discovery from its first exploration well, Kulintang-1, in block SK438, located offshore Malaysia, it said on May 19. This is the fourth discovery offshore Malaysia in recent months. 

PTTEP, through its subsidiary PTTEP HK Offshore (PTTEP HKO), started the drilling of Kulintang-1 wildcat well in Block SK438 in March. The well was drilled to a total depth of 2,238 m. PTTEP expects to drill another exploration well in this block in the second quarter of 2021. 

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The latest find follows two more discoveries by PTTEP off Malaysia in February, at blocks SK410B and SK417 and SK405B block in March. 

Block SK438 is adjacent to blocks SK405, SK309 & SK311, SK314A, all of which are operated by PTTEP, with existing facilities nearby. The location, therefore, provides an advantage for future development including the potential for cluster development, the company. 

PTTEP HKO is the operator with 80% participating interest while Malaysian state-run Petronas holds the remaining 20%.