KUALA LUMPUR – Petronas today announced a gas discovery from its Cengkih-1 exploration well some 220km off the coast of Bintulu, Sarawak.
The Cengkih-1 exploration well was drilled to a total depth of 1,680m in August, hitting a more than 110m gas column in Miocene Cycle IV/V pinnacle carbonate reservoirs, firming up more gas resources within Block SK320 – which is in the Central Luconia Province, offshore Malaysia.
Mubadala Development Company Oil and Gas Limited operates the block with a 55% participating interest in the production sharing contract.
Petronas Carigali Sdn Bhd holds 25% while Sarawak Shell Bhd holds the remaining 20%.
“We are thrilled by this latest discovery in Cengkih-1, building on the string of exploration successes in the Central Luconia region,” said Petronas’ Malaysia petroleum management senior vice-president Mohamed Firouz Asnan.
“The discovery confirms the large potential of this proven carbonate play type in Central Luconia. The monetisation of this discovery can be expedited with a lower cost given the proximity to the many existing facilities, including that of Pegaga which started production in March this year.
“This latest success was enabled by the close partnership between Petronas and its petroleum arrangement contractors in expanding the resource base to meet the rising demand for gas in Sarawak, including the Petronas LNG complex in Bintulu.” – The Vibes, September 20, 2022
