North Malay Basin Project is a producing conventional gas field located in shallow water in Malaysia and is operated by Hess Exploration And Production Malaysia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block PM 302 and PM 325, with water depth of 220 feet. Buy the profile here.
An expansion project is associated with the North Malay Basin Project, namely the North Malay Basin Project Phase 4A development. This project is currently in the construction stage, expected to start in 2023.
Field participation details
The field is owned by Hess and Petroliam Nasional.
Production from North Malay Basin Project
The North Malay Basin Project conventional gas field recovered 15.16% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 5.07 thousand bpd of crude oil and condensate and 301.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2108. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 657.03 Mmboe, comprised of 24.14 Mmbbl of crude oil & condensate and 3,797.34 bcf of natural gas reserves. North Malay Basin Project conventional gas field reserves accounts 0.22% of total remaining reserves of producing conventional gas fields globally.
Contractors involved in the North Malay Basin Project conventional gas field
Some of the key contractors involved in the North Malay Basin Project project as follows.
Main EPC: Sapura Energy
Other Contractors: Velesto Energy and Sapura Energy
For more details on the North Malay Basin Project Conventional Gas Field, buy the profile here.