Lundin Malaysia BV has spudded the first of a five-well 2012 exploratory program on the SB307 and 307 blocks in Malaysian waters offshore Sabah.
The vertical Tiga Papan-5 well is to go to 1,671 m subsea in 50 m of water and targets mid-Miocene aged sands of the Tiga Papan Unit previously tested in a 1982 discovery well that flowed a combined 5,631 b/d of oil.
The well is in an unappraised fault block east of the Tiga Papan-1 discovery well. If encouraging the new well will be sidetracked into discovery well fault block to test the downdip extension of the pay zones encountered there.
Lundin Malaysia holds 42.5% interest in the two blocks. Partners are Petronas Carigali Sdn. Bhd. and Nio Petroleum Sabah (Ltd.). Lundin Malaysia operates the PM308A, PM308B, SB303, SB307, and SB308 off Malaysia.
