PM8 PSC Fields is a producing conventional oil field located in shallow water in Malaysia and is operated by EnQuest. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block PM 8, with water depth of 164 feet. Buy the profile here.
Field participation details
The field is owned by EnQuest and Petroliam Nasional.
Production from PM8 PSC Fields
The PM8 PSC Fields conventional oil field recovered 90.75% of its total recoverable reserves, with peak production in 2003. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036.
EnQuest Plc (EnQuest) is an independent oil and gas exploration and production company. The company carries out operational and redevelopment interests in onshore and offshore oil and gas fields in the UK North Sea and Malaysia. Its operated assets include Thistle and Deveron, Heather and Broom, the Dons area, Magnus, the Greater Kittiwake area, Scolty and Crathes, Alma and Galia, Kraken, PM8 and Seligi and PM409 production sharing contracts. The company also owns interest in Alba, a non-operated oil producing field. EnQuest also operates the Ninian Pipeline System, which transports crude oil to Sullom Voe Oil Terminal (SVT) and the Northern Leg Gas Pipeline for transportation of natural gas into the UK National Transmission System. The company has offices in Malaysia and the UAE. EnQuest is headquartered in London, Greater London, the UK.
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