Wednesday, 28 November 2012

Petronas upbeat on two LNG projects

Petroleum Nasional Bhd (Petronas) has announced successful gas production from the Berantai Field and the drilling and testing of the first well at the Balai Cluster, Malaysia’s first and second risk service contract (RSC) areas respectively.

Petronas also announced the discovery of gas in Block PM307.

Berantai’s Gas liquefied natural gas (LNG) production from the Berantai Field has come on stream on October 20.

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 year-end.

The gas is processed at the Berantai FPSO and exported to the existing onshore terminal at Kerteh.

The RSC for the Berantai Field, which is located offshore Terengganu, was awarded by Petronas in January last year to Petrofac Energy Developments Sdn Bhd and SapuraKencana Petroleum Bhd.

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 has achieved its target depth of 2,830 m and initial estimates show that it contains a reserve of 100m of hydrocarbon reservoirs. — Bernama