Timi is a conventional gas development located in deepwater in Malaysia and is operated by Sarawak Shell. Discovered in 2018, Timi lies in block SK 318, with water depth of around 3,281 feet.
The project is currently in construction stage and is expected to start commercial production in 2023. Final investment decision (FID) of the project was approved in 2021. The Timi conventional gas development will involve the drilling of approximately two wells and includes wellhead platform.
Field participation details
The field is owned by Petroliam Nasional, Brunei Energy Exploration and Shell.
Production from Timi
Production from the Timi conventional gas development project is expected to begin in 2023 and is forecast to peak in 2025, to approximately 3,200 bpd of crude oil and condensate and 290 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2044.
Remaining recoverable reserves
The field is expected to recover 140.49 Mmboe, comprised of 8.66 Mmbbl of crude oil & condensate and 790.99 bcf of natural gas reserves.
Contractors involved in the Timi conventional gas field
Some of the key contractors involved in the Timi project as follows.
Main EPC: Brooke Dockyard & Engineering Works
Other Contractors: Intecorr Consultancy Sdn
About Sarawak Shell
Sarawak Shell Bhd, carries out the exploration and production of oil and gas on land and at sea. The company offers a range of energy solutions and petrochemicals. It is headquartered in Kuala Lumpur, Malaysia.
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.