Samarang is a producing conventional oil field 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, the field is located in block Samarang Asam Paya, with water depth of 3,247 feet. Buy the profile here.
Field participation details
The field is owned by Petroliam Nasional and SMJ Sdn.
Production from Samarang
The Samarang conventional oil field recovered 94.11% of its total recoverable reserves, with peak production in 1979. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031. The field currently accounts for approximately 1% of the country’s daily output.
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 a retail network. The company operates in Asia, Australia, the Americas, Europe and Africa. Petronas is headquartered in Kuala Lumpur, Malaysia.
For more details on the Samarang Conventional Oil Field, buy the profile here.