Bertam is a producing conventional oil field located in shallow water in Malaysia and is operated by International Petroleum. The field is located in block PM 307 and PM 307 (Bertam), with water depth of 190 feet.

Three expansion projects are associated with the Bertam conventional oil field, namely Bertam Development (A15 Sidetrack), Bertam Development (ESP Upgrades) and Bertam Development (Phase 4 Infills). The expansion projects are currently in the commissioning and feasibility stage.

Field participation details

The field is owned by International Petroleum.


Production from Bertam

The Bertam conventional oil field recovered 64.79% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 11.48 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2035.


Remaining recoverable reserves

The field is expected to recover 11.57 Mmboe, comprised of 11.57 Mmbbl of crude oil & condensate.


About International Petroleum

International Petroleum Corp (IPC) is an upstream energy company, which carries out exploration, development and production of oil and gas. It holds interests in Onion Lake project in Saskatchewan; Ferguson Field and Blackrod projects; Ferguson asset and Suffield area assets in Alberta. The company also owns interests in Mooney (EOR) asset in Alberta. The company owns oil and gas assets in France in the Paris Basin and Aquitaine Basin. IPC also holds licenses Bertam field and Offshore Peninsular assets in Malaysia. IPC is headquartered in Vancouver, British Columbia, Canada.

Methodology

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.