East Piatu is a producing conventional oil field located in shallow water in Malaysia and is operated by SapuraOMV Upstream (PM). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block PM 329, with water depth of 197 feet. Buy the profile here.
Field participation details
The field is owned by Jadestone Energy and Petroliam Nasional.
Production from East Piatu
The East Piatu conventional oil field recovered 41.14% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 22.84 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2067. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 93.25 Mmboe, comprised of 93.25 Mmbbl of crude oil & condensate. East Piatu conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
For more details on the East Piatu Conventional Oil Field, buy the profile here.