Mubadala Petroleum confirms gas discoveries in Malaysia

Mubadala Petroleum

Mubadala Petroleum reports that appraisal drilling and testing has confirmed the Pegaga discovery in Block SK320 offshore Malaysia as a substantial gas find with significant commercial potential.

A third discovery, Sirih-1, has also been confirmed from the 2013/14 exploration drilling program that has targeted a series of carbonate pinnacles within Block SK320. This adds to the Pegaga-1 and Sintok-1 discoveries announced previously, and the existing M5 discovery which Mubadala Petroleum successful appraised in 2012.

The Pegaga-2 appraisal well was drilled to a total depth of 2,685 meters and confirmed an 850-meter gas column.

Testing of the main gas-bearing zones produced flow rates of 30–50 million cubic feet per day of good quality gas with condensate. Pegaga lies in 109 meters of water. The Sirih-1 well, adjacent to the Sintok discovery, was drilled to a total depth of 3,000 meters into the main target reservoir and penetrated a 293-meter gas column. Sirih-1 was plugged and abandoned as planned.

Sintok-1 well was drilled to a total depth of 2,775 meters into the main target reservoir and also penetrated a 290-meter gas column. Mubadala Petroleum was appointed operator of Block SK320 on award in 2010.

Partners are operator Mubadala Petroleum, 55%; PETRONAS Carigali, 25%; Sarawak Shell Berhad, 20%.

 

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