SEA Hibiscus Petroleum Sdn. Bhd., Kuala Lumpur, has started production from the first of three infill wells planned for St. Joseph oil field under the 2011 North Sabah Enhanced Oil Recovery Production-Sharing Contract offshore Malaysia.
The SJ-105A well flowed at a stabilized rate above 1,000 b/d with no water. About 1,000 ft of the well’s 2,400-ft horizontal section encountered targeted reservoirs.
St. Joseph field is one of four fields in the PSC area that together produced an average of 14,670 b/d of oil from 135 wells in 20 platforms and structures during the first quarter this year.
Hibiscus, which operates the PSC with a 50% interest, expects infill drilling to raise production by 2,000 b/d at St. Joseph field and by 4,000 b/d at nearby SF30 field. It expects incremental reserves of 2.77 million stb at St. Joseph and 3.6 million stb at SF30.
The PSC area, 33 km off Kota Kinabalu, Sabah, has water depths of 18-60 m. Its other producing fields are South Furious and Barton.
Production flows by pipeline to the Labuan Crude Oil Terminal operated by Hibiscus, which processes about 50,000 b/d of crude for Hibiscus and others.
Hibiscus bought its North Sabah PSC interest from two Shell units in 2018 (OGJ Online, Apr. 2, 2018).
Petronas Carigali Sdn. Bhd. holds the other 50%.
