Petronas announces successful gas production from Berantai Field

Petroliam Nasional Bhd (Petronas) has announced successful gas production from the Berantai Field offshore Terengganu and the drilling and testing of the first well at the Balai Cluster offshore Sarawak, respectively Malaysia's first and second risk Service Contract (RCS) areas.

Petronas also announced the discovery of gas in Block PM307.

It said natural gas production from the Berantai Field was successfully brought on stream on Oct 20, 2012.

"The gas is currently being exported at a rate of 50 mmscfd from the field's first three wells and is expected to achieve 80 mmscfd, with the addition of two wells by the end of this year," it said in a statement today.

The gas is processed at the Berantai production, storage and offloading (FPSO) facility and exported to the existing onshore terminal at Kerteh.

It said the RSC for the Berantai field, which is located offshore Terengganu, was awarded by Petronas in January 2011 to Petrofac Energy Developments Sdn Bhd and SapuraKencana Petroleum Bhd.

Meanwhile, Petronas said the Bentara-2 well -- the first well to be drilled in the Balai Cluster RSC area -- has been successfully tested, achieving a stable oil flow-rate that ranges between 1,600 and 2,200 barrels per day.

"The well achieved its target depth of 2,830m on Oct 20, 2012 and initial results indicate an estimated 100m of hydrocarbon net pay in stacked reservoirs in the Bentara Field," it said.

Petronas also said that the Balai Cluster RSC covers four fields offshore Sarawak, namely Balai, Bentara, Spaoh and West Acis.

The RSC was awarded to Roc Oil, Dialog Group and Petronas Carigali on Aug 16, 2011 and was later re-assigned to BC Petroleum Sdn Bhd, a joint venture company consisting of three shareholders. – Bernama