ROC Oil, Petronas to redevelop fields offshore Malaysia

Offshore staff

SYDNEY, AustraliaROC Oil has farmed into 50% of a production-sharing contract (PSC) offshore Malaysia that includes three fields operated by Petronas Carigali.

The producing D35, D21, and J4 fields are in water depths of around 50 m (164 ft). Combined production is in the range of 10,000 b/d of oil and 17 MMcf/d (481,386 cm/d) of gas.

The PSC terms are designed to raise production incrementally through redevelopment and enhanced oil recovery measures.


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