PTTEP makes third discovery offshore Malaysia

PTT Exploration and Production Public Company Ltd.(PTTEP), through its subsidiary PTTEP Sarawak Oil Ltd, has discovered oil and gas in Sirung-1, the first exploration well in Block SK405B, about 137 km off the coast of Sarawak (Bintulu), Malaysia.

The well was drilled in January in shallow waters to a total depth of 2,538 metres where it encountered an oil and gas column of more than 100 metres in the clastic reservoirs. An appraisal well is scheduled soon to assess the upside resources, the company said in a release on the 29^th March.

Sirung-1 is PTTEP’s third discovery offshore Malaysia following SK410B’s Lang Lebah and SK417’s Dokong.

PTTEP plans to explore nearby prospects in the area in 2022, said Phongsthorn Thavisin, chief executive officer, PTEEP.

PTTEP is operator at SK405B (59.5%) with partners Moeco Oil (Sarawak) Sdn Bhd (25.5%) and Petronas Carigali Sdn Bhd (15%).

Source: Oil & Gas Journal