Bertam is a producing conventional oil field located in shallow water in Malaysia and is operated by International Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block PM 307 and PM 307 (Bertam), with water depth of 190 feet. Buy the profile here.
An expansion project is associated with the Bertam, namely the Bertam Development (Phase 4 Infills). This project is currently in the feasibility stage.
Field participation details
The field is owned by International Petroleum.
Production from Bertam
The Bertam conventional oil field recovered 53.86% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 11.48 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043.
Remaining recoverable reserves
The field is expected to recover 19.81 Mmboe, comprised of 19.81 Mmbbl of crude oil & condensate.
About International Petroleum
International Petroleum Corp (IPC) is an upstream energy company, which carries out exploration, development and production of oil and gas. It holds interests in Onion Lake project in Saskatchewan, Ferguson Field and Blackrod projects, Ferguson asset and Suffield area assets in Alberta. The company also owns interests in Mooney (EOR) asset in Alberta. The company owns oil and gas assets in France in the Paris Basin and Aquitaine Basin, among others. IPC also holds licenses Bertam field and Offshore Peninsular assets in Malaysia. IPC is headquartered in Vancouver, British Columbia, Canada.
For more details on the Bertam Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
