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 Petroliam Nasional, Royal Dutch Shell, Sapura Energy and OMV.
Production from Larak
The Larak conventional gas field recovered 8.39% 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 74.02 Mmboe, comprised of 4.19 Mmbbl of crude oil & condensate and 418.96 bcf of natural gas reserves. Larak conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.
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.