Berantai is a producing conventional gas field located in shallow water in Malaysia and is operated by Vestigo Petroleum Sdn. The field is located in block PM 309.
Field participation details
The field is owned by Petroliam Nasional.
Production from Berantai
The Berantai conventional gas field recovered 60.61% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 6.03 thousand bpd of crude oil and condensate and 90 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 31.43 Mmboe, comprised of 9.01 Mmbbl of crude oil & condensate and 134.49 bcf of natural gas reserves. Berantai conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
About Vestigo Petroleum Sdn
Vestigo Petroleum Sdn Bhd (Vestigo), a subsidiary of PETRONAS Carigali Sdn Bhd, is an oil and gas marginal field developer that develops small and stranded oil and gas reservoirs. The company delivers rapid monetization of hydrocarbon resources by refurbishing surplus material from field, reusing the equipment and combining resources. It uses proprietary lightweight platform designs with a storage vessel, dual conductors, casing drilling techniques to provide design solutions. Vestigo also adopts seismic analysis techniques to visualize the oil and gas reservoirs. The company operates the Tembikai-Chenang field project in Malaysia. Vestigo is headquartered in Kuala Lumpur, Malaysia.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.