The Borneo Post

Petronas makes second gas discovery in Baram

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KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) yesterday announced a gas discovery from its Nangka-1 wildcat exploratio­n well in Block SK417, located in the shallow waters of Baram province about 180 kilometres off the coast of Sarawak.

The Nangka-1 well was successful­ly drilled to a total depth of 3,758 metres in September 2021.

“The sweet gas was discovered in the Middle to Late Miocene Cycle VI clastic reservoirs, further validating the hydrocarbo­n potential in the surroundin­g areas,” Malaysia’s fully integrated petroleum corporatio­n said in a statement.

PTTEP HK Offshore Ltd is the operator for Block SK417 with 80 per cent participat­ing interest, while Petronas Carigali Sdn Bhd holds the remaining 20 per cent.

The block was awarded in March 2018 following the Malaysia Bid Round 2017.

Petronas senior vice president of Malaysia petroleum management, Mohamed Firouz Asnan, said the success of Nangka-1 well marks the second gas discovery within the Baram Province this year.

“The finding of contaminan­t-free gas in Nangka-1 reaffirms sweet gas opportunit­ies within the area, and subsequent­ly upgrades Baram clastics play.

“This second gas find further reinvigora­tes the Baram Province, which is part of the establishe­d Baram Delta region, signalling potential for more discoverie­s in the neighbouri­ng acreages.

“The availabili­ty of existing facilities within the region will allow the petroleum arrangemen­t contractor­s (PACs) to monetise their discoverie­s quicker and cheaper through tieback solutions,” he added.

In February this year, Petronas announced a new gas discovery in the Dokong-1 wildcat exploratio­n well in the same block of the Baram Province.

The sweet gas was discovered in the Middle to Late Miocene Cycle VI clastic reservoirs, further validating the hydrocarbo­n potential in the surroundin­g areas.

Petronas

 ?? ?? PTTEP HK Offshore Ltd is the operator for Block SK417 with 80 per cent participat­ing interest, while Petronas Carigali Sdn Bhd holds the remaining 20 per cent.
PTTEP HK Offshore Ltd is the operator for Block SK417 with 80 per cent participat­ing interest, while Petronas Carigali Sdn Bhd holds the remaining 20 per cent.

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