Pegaga is a producing conventional gas field located in shallow water in Malaysia and is operated by Mubadala Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block SK 320, with water depth of 357 feet. Buy the profile here.
Field participation details
The field is owned by Mubadala Investment, Petroliam Nasional and Shell.
Production from Pegaga
The Pegaga conventional gas field recovered 1.93% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 8.94 thousand bpd of crude oil and condensate and 519.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2065. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 552.12 Mmboe, comprised of 36.76 Mmbbl of crude oil & condensate and 3,092.16 bcf of natural gas reserves. Pegaga conventional gas field reserves accounts 0.19% of total remaining reserves of producing conventional gas fields globally.
About Mubadala Energy
Mubadala Energy LLC (Mubadala Energy) is an oil and gas company. It develops, manages, and operates projects with a main focus on the Middle East, North Africa, Southeast Asia, and Russia. The company's asset portfolio includes Dolphin Gas Project in Qatar, Zohr gas project in Egypt, Mukhaizna oil field in Oman, Jasmine, Manora and Nong Yao oil and gas fields in Thailand, Ruby and West Sebuku gas fields in Indonesia and Pegaga field in Malaysia. Mubadala Energy also has an interest in the Gazpromneft-Vostok joint venture to develop oil fields in Russia. The company also invested in an energy fund focused on unconventionals in the US. Mubadala Petroleum is a subsidiary of Mubadala Investment Co and is headquartered in Abu Dhabi, the UAE.
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