Malaysia: Lundin spuds peninsular Oligocene prospect
A unit of Lundin Petroleum AB has spudded the Batu Hitam-1 exploratory well on Block PM308A off Peninsular Malaysia.
Lundin, operator with 35% interest in the block, is to drill the well to 2,450 m subsea using the Offshore Courageous jack-up. The well will test the hydrocarbon potential of a large basement high structure in the eastern part of the block. The well’s objectives are Oligocene sandstones in a four-way dip closure and fractured pre-Tertiary basement in the underlying horst block.
Other interest holders in PM308A are JX Nippon Oil & Gas Exploration (Peninsular Malaysia) Ltd. 40% and Petronas Carigali Sdn. Bhd. 25%. Lundin Malaysia BV operates the PM308A, PM308B, PM307, SB303, SB307, and SB308 blocks.
About the Author
Alan Petzet
Chief Editor Exploration
Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.
Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.