Petronas finds 227 million boe in place off Sabah
Malaysia’s state Petronas estimated that it has discovered 227 million bbl of oil equivalent in place, with “expected upside potential,” at an oil and gas discovery off Sabah, Malaysia.
The Wakid-1 exploratory well, second wildcat on Block 2G-2J awarded in October 2010, flowed a combined 8,200 b/d of oil from three reservoirs tested separately. Total depth is 3,330 m.
Petronas Carigali is the sold equity holder of the PSC for the block, which lies 100 km northwest of Kota Kinabalu. The company will appraise the discovery soon.
The block’s first well, Tambuku-1, drilled in early 2011, was a minor gas discovery, the company said.
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.
