TotalEnergies to operate PSC off Malaysia

TotalEnergies EP Malaysia will serve as operator in a newly signed production sharing contract with PETRONAS Carigali Sdn Bhd, Sabah Shell Petroleum Co. Ltd., and Shell Sabah Selatan Sdn Bhd for ultra-deepwater Block 2K off the coast of Sabah.
Oct. 13, 2022

TotalEnergies EP Malaysia will serve as operator in a newly signed production sharing contract with PETRONAS Carigali Sdn Bhd, Sabah Shell Petroleum Co. Ltd., and Shell Sabah Selatan Sdn Bhd for ultra-deepwater Block 2K off the coast of Sabah.

The 1,952-sq km block lies in 3,000 m of water in the northwest ultra-deepwater area within a proven hydrocarbon basin with promising hydrocarbon potential, PETRONAS said in a release Oct. 13.

3D seismic data from a multi-client survey is available for the block and will accelerate exploration drilling programs, PETRONAS said.

The signing “completes the licensing of the five ultra-deepwater blocks off the coast of Sabah, along the newly identified Oligo-Miocene carbonate trend proven by Tepat-1 oil discovery in Block N in 2018,” said Mohamed Firouz Asnan, senior vice-president Malaysia Petroleum Management, PETRONAS. Block 2V was signed in 2021, followed by Blocks 2W and X early this year (OGJ Online, Mar. 24, 2022).

A total of four wells are expected to be drilled in the blocks in 2022 and 2023, he continued.

About the Author

Alex Procyk

Upstream Editor

Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).

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