KUALA LUMPUR – Petroliam Nasional Bhd (Petronas) has announced a gas discovery in the Kulintang-1 wildcat exploration well of Block SK438, located in the shallow waters of Balingian province, about 230km off the coast of Miri, Sarawak.
The Kulintang-1 well was successfully drilled to a total depth of 2,238m in April.
Petronas in a statement today said the well encountered gas in the Oligocene to Middle Miocene sandstone reservoirs, which has not been fully evaluated before.
PTTEP HK Offshore Ltd is the operator for Block SK438 with 80% participating interest, while Petronas Carigali Sdn Bhd holds the remaining 20%. The block’s production sharing contract was awarded in March 2018 following the Malaysia Bid Round (MBR) 2017.
“The success of Kulintang-1 well marks the second gas discovery within Balingian this year.
“This encouraging result proves further potential of sweet gas in the province, especially in the deeper Oligocene play,” said Petronas senior vice-president of Malaysia petroleum management Mohamed Firouz Asnan.
“The Kulintang sweet gas discovery can be monetised via existing infrastructure towards fulfilling the demand of the domestic gas customers, as well as Petronas LNG Complex in Bintulu, Sarawak.”
In March, Petronas announced a new oil and gas discovery in the Sirung-1 wildcat exploration well in Block SK405B, also in Balingian.
In the ongoing MBR 2021, Petronas is offering opportunities in 13 new offshore exploration blocks in Malaysia’s prolific basins, including a few blocks within Balingian. MBR 2021 also offers enhanced fiscal and non-fiscal terms as part of the company’s continuous efforts to grow with its partners in the country. – Bernama, May 19, 2021
