Siakap North-Petai is a producing conventional oil field located in deepwater in Malaysia and is operated by PTTEP Sabah Oil. The field is located in block Block K, with water depth of 9,000 feet.

Field participation details

The field is owned by Petroliam Nasional, PTT Public, Shell, ConocoPhillips and PT Pertamina (Persero).


Production from Siakap North-Petai

The Siakap North-Petai conventional oil field recovered 70.84% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 23.26 thousand bpd of crude oil and condensate and 13 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032.


Remaining recoverable reserves

The field is expected to recover 18.61 Mmboe, comprised of 18.61 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.