Ledang is a conventional gas development located in shallow water in Malaysia and is operated by Petroliam Nasional. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Ledang was discovered in 1978, lies in block PM 309. Buy the profile here.
The project is currently in construction stage and is expected to start commercial production in 2023.
Field participation details
The field is owned by Petroliam Nasional.
Production from Ledang
Production from the Ledang conventional gas development project is expected to begin in 2023 and is forecast to peak in 2026, to approximately 450 bpd of crude oil and condensate and 31 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2060.
Remaining recoverable reserves
The field is expected to recover 32.92 Mmboe, comprised of 2.74 Mmbbl of crude oil & condensate and 181.08 bcf of natural gas reserves.
Contractors involved in the Ledang conventional gas field
Some of the key contractors involved in the Ledang project as follows.
Main EPC: Misi Setia Oil & Gas Sdn and UMD Energy Sdn
Other Contractors: JDR Cable Systems (Holdings) and Intecorr Consultancy Sdn
About Petroliam Nasional
Petroliam Nasional Bhd (Petronas) is an integrated energy company that explores for, develops and produces crude oil and natural gas. Its downstream operations include processing and liquefaction of natural gas; refining of crude oil and marketing of petroleum products; manufacturing and sale of petrochemicals; and trading of oil, petroleum and petrochemicals. The company also carries out transportation and sale of liquefied natural gas (LNG). Petronas provides shipping and logistics services. Its infrastructure comprises refineries; blending plants; petrochemical manufacturing plants; gas infrastructure and utilities; and retail network. The company operates in Asia, Australia, Americas, Europe and Africa. Petronas is headquartered in Kuala Lumpur, Malaysia.
For more details on the Ledang 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.
