View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
December 3, 2021updated 27 Apr 2022 12:24pm

Larak Conventional Gas Field, Malaysia

By Carmen

Larak is a producing conventional gas field located in shallow water in Malaysia and is operated by SapuraKencana Energy Sarawak. The field is located in block SK 408, with water depth of 400 feet.

Field participation details

The field is owned by Shell, Petroliam Nasional, Sapura Energy and OMV.


Production from Larak

The Larak conventional gas field recovered 16.37% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 1 thousand bpd of crude oil and condensate and 100 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2046. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 67.56 Mmboe, comprised of 3.82 Mmbbl of crude oil & condensate and 382.43 bcf of natural gas reserves. Larak conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.


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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology