Balingian is a producing conventional oil field located onshore Malaysia and is operated by RHP (Mukah). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block SK 331, with water depth of 100 feet. Buy the profile here.
An expansion project is associated with the Balingian, namely the Bayan Redevelopment (Phase 2). This project is currently in the commissioning stage, expected to start in 2023.
Field participation details
The field is owned by Petroliam Nasional, RH Petrogas and Tumbuh Tiasa Enterprises Sdn.
Production from Balingian
The Balingian conventional oil field recovered 98.92% of its total recoverable reserves, with peak production in 1993. The peak production was approximately 54.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 2.58 Mmboe, comprised of 2.58 Mmbbl of crude oil & condensate.
Contractors involved in the Balingian conventional oil field
Some of the key contractors involved in the Balingian project as follows.
Main EPC: T7 Global and VME Process Systems Malaysia Sdn
Other Contractors: T7 Global, Sapura Energy, VME Process Systems Malaysia Sdn and Maju Integrated Engineers Sdn
For more details on the Balingian Conventional Oil Field, buy the profile here.