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November 26, 2021updated 27 Apr 2022 12:44pm

Sepat Conventional Oil Field, Malaysia

By Carmen

Sepat is a producing conventional oil field located in shallow water in Malaysia and is operated by PETRONAS Carigali International Sdn. The field is located in block PM 313, with water depth of 197 feet.

Field participation details

The field is owned by Petroliam Nasional.


Production from Sepat

The Sepat conventional oil field recovered 45.12% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 8.98 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058.


Remaining recoverable reserves

The field is expected to recover 28.72 Mmboe, comprised of 28.72 Mmbbl of crude oil & condensate. Sepat conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil 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.

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.

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