Guntong is a producing conventional oil field located in shallow water in Malaysia and is operated by Exxon Mobil. The field is located in block PM 9, with water depth of 180 feet.

Field participation details

The field is owned by Exxon Mobil and Petroliam Nasional.


Production from Guntong

The Guntong conventional oil field recovered 97.64% of its total recoverable reserves, with peak production in 1999. The peak production was approximately 108.7 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2024. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 18.23 Mmboe, comprised of 18.23 Mmbbl of crude oil & condensate.


About Exxon Mobil

Exxon Mobil Corp (ExxonMobil) is an integrated oil and gas company that discovers, explores , develops and produces crude oil, natural gas and natural gas liquids. It carries out the refining of crude oil; produces, transports, trades and sells petroleum products; and manufactures lube basestocks and finished lubricants. The company also manufactures and markets commodity petrochemicals including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. It operates through a network of manufacturing plants, transportation systems, and distribution centers. The company has operational presence in North America, Latin America, Asia Pacific, Europe, the Middle East and Africa. ExxonMobil is headquartered in Irving, Texas, the US.

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.