Petronas offshore Malaysia

Petronas’ Kepodang comes on stream

GRESIK, November 4, 2015 – Gas has begun to flow at the Petronas-operated Kepodang field offshore Central Java in Malaysia, the state-owned integrated energy company announced on Wednesday.

The 2.8-square-kilometre field lies at a water depth of up to 70 metres in the Muriah block, located around 180 kilometres northeast of Semarang. Kepodang is expected to produce around 3.29 mcm (116 mcf) per day.

 

Petronas owns an 80-percent stake in Kepodang’s production-sharing contract, with Saka Energi, the upstream division of the publicly listed Perusahaan Gas Negara, Indonesia’s largest natural gas transportation and distribution company, holding the remaining 20 percent.

The announcement was made by Petronas at a ceremony in Gresik, East Java, which also celebrated the flow of first oil and gas at the Bukit Tua field in May 2015.

The Bukit Tua field, located on the Ketapang block, recorded an initial production of around 3,700 barrels of oil per day and 56,600 cubic metros (2 mcf) per day of gas. The field is projected to hit a peak production rate of 20,000 barrels of oil per day and 1.42 mcm (50 mcf) per day of gas.

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