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November 22, 2021updated 27 Apr 2022 12:12pm

Pegaga Conventional Gas Field, Malaysia

By Carmen

Pegaga is a producing conventional gas field located in shallow water in Malaysia and is operated by Mubadala Petroleum. The field is located in block SK 320, with water depth of 357 feet.

Field participation details

The field is owned by Mubadala Investment, Shell and Petroliam Nasional.


Production from Pegaga

The Pegaga conventional gas field with peak production expected in 2023. The peak production will approximately 8.94 thousand bpd of crude oil and condensate and 519 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2065.


Remaining recoverable reserves

The field is expected to recover 564.61 Mmboe, comprised of 37.88 Mmbbl of crude oil & condensate and 3,160.36 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 Petroleum

Mubadala Petroleum LLC (Mubadala Petroleum), a subsidiary of Mubadala Investment Co, 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 Petroleum also has 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 headquartered in Abu Dhabi, the UAE.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

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