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 72.58% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 46.50 thousand bpd of crude oil and condensate and 21.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2094.
Remaining recoverable reserves
The field is expected to recover 57.86 Mmboe, comprised of 57.55 Mmbbl of crude oil & condensate and 1.85 bcf of natural gas reserves. PM8 PSC Fields conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
About EnQuest
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
For more details on the PM8 PSC Fields Conventional Oil Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
