Larak is a producing conventional gas field located in shallow water in Malaysia and is operated by SapuraKencana Energy Sarawak. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block SK 408, with water depth of 400 feet. Buy the profile here.
Field participation details
The field is owned by OMV, Petroliam Nasional, Sapura Energy and Shell.
Production from Larak
The Larak conventional gas field recovered 24.35% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 1.00 thousand bpd of crude oil and condensate and 100.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2046. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 61.12 Mmboe, comprised of 3.46 Mmbbl of crude oil & condensate and 345.93 bcf of natural gas reserves. Larak conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.
For more details on the Larak Conventional Gas 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.
