AsianOil: Mubadala makes gas find off Malaysia

UAE-based Mubadala Petroleum and its partners Shell and Malaysia’s Petronas have made a sizable natural gas discovery at Block SK320 off the coast of Bintulu, Sarawak, in Malaysia, Petronas said on September 20.

The discovery was made with a well drilled to a depth of 1,680 metres. The well encountered a gas column more than 110 metres in length, in good-quality carbonate reservoirs.

Mubadala operates the block with a 55% stake, while Petronas has 25% and Shell has 20%.

In a statement, Petronas said the find added to “a string of exploration successes in the Central Luconia region,” and confirmed the “large potential” of the region’s carbonate play.

The discovery is in close proximity to existing infrastructure, including that at the Pegaga discovery that was put into production in March. Pegaga contained 1 trillion cubic feet (28.3bn cubic metres) of additional initial gas in place. It is expected to flow 500,000 cubic feet (14,158 cubic metres) per day of gas and 9,500 barrels per day (bpd) of condensate at plateau capacity.

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