SK8 is a producing conventional gas field located in shallow water in Malaysia and is operated by PETRONAS Carigali International Sdn. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field has water depth of 427 feet. Buy the profile here.
Field participation details
The field is owned by Petroliam Nasional.
Production from SK8
The SK8 conventional gas field recovered 95.28% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 18.30 thousand bpd of crude oil and condensate and 1,002 Mmcfd of liquid natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2028. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 30.76 Mmboe, comprised of 2.56 Mmbbl of crude oil & condensate and 169.23 bcf of liquid natural gas reserves. SK8 conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
About PETRONAS Carigali International Sdn
PETRONAS Carigali International Sdn Bhd (PETRONAS Carigali) is a Malaysia based oil and gas company. The company is a subsidiary of Petroliam Nasional Berhad (PETRONAS). The company is a fully integrated oil and gas corporation of Malaysian government. The company is engaged in exploration, development and production of oil and gas in Malaysia. The company operates in various areas such as China, North America and Southeast Asia. PETRONAS Carigali is headquartered in Kuala Lumpur, Malaysia. In July 2011, the company made two gas discoveries in the shallow water areas offshore the west coast of Sabah. The first discovery was via the Zuhal East-1 well located in the Samarang Asam Paya Block. The second discovery at the Menggatal-1 well located in Block SB312, about 110km northeast of Kota Kinabalu.
For more details on the SK8 Conventional Gas Field, buy the profile here.