PETRONAS announced that it has completed drilling of the Cendor Graben-2 appraisal well within Block PM304, offshore of the Peninsula Malaysia.

Petrofac (Malaysia PM304), the operator for Block PM304, carried out the drilling along with other partners PETRONAS Carigali Sdn Bhd, Kuwait Foreign Petroleum Exploration Company and PetroVietnam Exploration Production.

Cendor Graben-2, which was drilled to a depth of more than 1,000 metres, confirmed the presence of oil and gas-bearing reservoirs.

Regarded initially as a marginal discovery with estimated recoverable resources of 12 million barrels (MMstb) of oil, Cendor was first discovered by Amerada Hess in 2001.

Petrofac bought Amerada Hess’s interest and assumed operatorship of Block PM304 in May 2004.

Developed using a leased Mobile Operating Production Unit (MOPU), which was also the first application of MOPU in Malaysia; the Cendor field commenced first oil production in September 2006.

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By GlobalData

First oil production from the Cendor field encouraged further activities within the field and the surrounding areas of Block PM304.

"Cendor Graben-2, which was drilled to a depth of more than 1,000 metres, confirmed the presence of oil and gas-bearing reservoirs."

Cendor Phase 2 development and other new developments in PM304 have increased estimated recoverable resource to more than 200 MMstb.

Other developments in PM304 are anticipated to begin production in stages throughout 2013 and estimated to produce about 30,000 barrels per day by end of the year.

PETRONAS said the other oil and gas fields in Malaysia, such as the Berantai RSC and Balai RSC, also have significant resource potential.

The Berantai field, which commenced production in 2012, recorded an increase in estimated recoverable gas resources by 15% compared to 2011, following development efforts, while early indication of increase in resources has been estimated after pre-development work at the Balai Cluster.

Image: Peninsular Malaysia. Photo courtesy of Jpatokal.