PTTEP makes another gas discovery at SK410B offshore Malaysia
Thai PTTEP on December 22 announced another gas discovery in Malaysia from the exploration well, Paprika-1, in Block SK410B.
PTTEP’s subsidiary PTTEP HK Offshore started the drilling of Paprika -1 wildcat well in Block SK410B in July. The well was drilled to a total depth of 3,348 m and encountered gas pay in clastic reservoirs. PTTEP and partners - KUFPEC and Petronas, previously made a major gas discovery at Lang Lebah structure within the same block.
“This discovery presents an important opportunity for PTTEP to strategically establish the Northern Sarawak Clastic Hub. The success also highlights the strong partnership of all joint venture partners and the expertise in applying intensive subsurface evaluation to identify opportunities in mature area” said PTTEP CEO Montri Rawanchaikul.
SK410B is located in shallow waters, approximately 90 km off the coast of Miri, Sarawak and is adjacent to Block SK417 which has proven gas reserves last year. PTTEP HK is the operator of the SK410B with a 42.5% participating interest while KUFPEC holds 42.5% and Petronas 15%.
Apart from SK410B, PTTEP operates Block SK405B, SK438, SK314A, SK417, PM407, PM415 and SB412, which are all in the exploration phase, and Block K, SK309, SK311, the Rotan-Buluh field in Block H which are in the production phase. PTTEP also jointly operates gas fields in Malaysia–Thailand Joint Development Area with PC JDA.
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