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November 30, 2021updated 27 Apr 2022 12:45pm

North Malay Basin Project Conventional Gas Field, Malaysia

By Carmen

North Malay Basin Project is a producing conventional gas field located in shallow water in Malaysia and is operated by Hess Exploration And Production Malaysia. The field is located in block PM 302 and PM 325, with water depth of 220 feet.

Two expansion projects are associated with the North Malay Basin Project conventional gas field, namely North Malay Basin Project Phase 3 and North Malay Basin Project Phase 4A development. The expansion projects are currently in the construction stage, targeting start-up during 2022.

Field participation details

The field is owned by Hess and Petroliam Nasional.


Production from North Malay Basin Project

The North Malay Basin Project conventional gas field recovered 56.33% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 5.07 thousand bpd of crude oil and condensate and 301 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2035. The field currently accounts for approximately 2% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 72.28 Mmboe, comprised of 6.9 Mmbbl of crude oil & condensate and 392.26 bcf of natural gas reserves. North Malay Basin Project conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.


Contractors involved in the North Malay Basin Project conventional gas field

Some of the key contractors involved in the North Malay Basin Project project as follows.

Main EPC: Sapura Energy

Other Contractors: Sapura Energy

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

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