Berantai is a producing conventional gas field located in shallow water in Malaysia and is operated by Vestigo Petroleum Sdn. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block PM 309. Buy the profile here.
Field participation details
The field is owned by Petroliam Nasional.
Production from Berantai
The Berantai conventional gas field recovered 68.97% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 6.03 thousand bpd of crude oil and condensate and 90.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 24.75 Mmboe, comprised of 7.10 Mmbbl of crude oil & condensate and 105.93 bcf of natural gas reserves. Berantai conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
About Vestigo Petroleum Sdn
Vestigo Petroleum Sdn Bhd (Vestigo), a subsidiary of PETRONAS Carigali Sdn Bhd, is an oil and gas marginal field developer that develops small and stranded oil and gas reservoirs. The company delivers rapid monetization of hydrocarbon resources by refurbishing surplus material from field, reusing the equipment and combining resources. It uses proprietary lightweight platform designs with a storage vessel, dual conductors, casing drilling techniques to provide design solutions. Vestigo also adopts seismic analysis techniques to visualize the oil and gas reservoirs. The company operates the Tembikai-Chenang field project in Malaysia. Vestigo is headquartered in Kuala Lumpur, Malaysia.
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