Petronas Makes Oil, Gas Discovery in Borneo

Petronas said on Friday it has made onshore oil and gas discovery in the country after 24 years.

The Malaysian firm and Japan's JX Nippon Oil & Gas Exploration drilled 3,170 metres into the Adong Kecil West-1 well in Sarawak state on Borneo island, The well encountered a total of approximately 349 metres of net hydrocarbon thickness.. It had flow rates of 440 barrels of crude oil per day and 11.5 million standard cubic feet of gas per day, the company said.

Based on the drilling results, there are also indications that the deeper sections in the onshore area may hold additional upside potential for hydrocarbon accumulation. However, with the higher borehole pressures expected, drilling operations will be more challenging for the deeper reservoirs and rigs with higher specifications will be required to test such intervals, Bernama said