Lundin sees gas cluster development potential offshore Sabah

Lundin Petroleum AB, Stockholm, said its third gas discovery in the SB303 block offshore Sabah, Malaysia, makes four discoveries on the block that present an opportunity to evaluate gas cluster development potential.

The Berangan-1 vertical well went to 1,709 m in 70 m of water and cut 165 m of gross gas column in the target mid-Miocene aged sands. An extensive data acquisition program was completed, including fluid samples and a pressure profile indicating that a single continuous gas column is present and defining the probable gas-water contact. Further work will follow to estimate recoverable resource ranges.

Berangan is 10 km southeast of Lundin’s 2011 Tarap gas discovery and 15 km south of the company’s 2011 Cempulut gas find. The contract area also contains the Titik Terang discovery, and the four gas fields lie within a 10-km radius.

The West Courageous rig will move to Peninsula Malaysia to execute a three-well exploratory campaign starting with Merawan Batu-1 well on the PM308B offshore block.

Lundin Petroleum has 75% interest in SB303 through its subsidiary Lundin Malaysia BV. PETRONAS Carigali Sdn. Bhd. has 25% interest.

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