Penara/North Lukut is a producing conventional oil field located in shallow water in Malaysia and is operated by SapuraOMV Upstream (PM). The field is located in block AAKBNLP, with water depth of 198 feet.
Field participation details
The field is owned by Jadestone Energy and Petroliam Nasional.
Production from Penara/North Lukut
The Penara/North Lukut conventional oil field recovered 85.66% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 9.99 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036.
Remaining recoverable reserves
The field is expected to recover 6.14 Mmboe, comprised of 6.14 Mmbbl of crude oil & condensate.
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.