Malaysian oil found oil and gas resources in Malaysia and Indonesia

05/03/2014 14:27

Petronas, Malaysia's state-owned oil company announced on Friday that the company is involved in the latest two discovery, including found natural gas resources in Malaysia sea area and east island of Java in Indonesia Ketapang ocean production-sharing contracts in the area of a new well found oil resources.

Natural gas found in Malaysia, located 240 km to the people of sarawak is luxi SK320 ocean block Sintok - 1 well.

The block of the operators Mubadala oil company has turned the Wells drilled into the total depth of 2775 meters (9104 feet), and in one of the main target found natural gas storage area.

According to the Malaysian oil, said the well Sintok - 1 contains 292 metres of gas layer, ABU dhabi's Mubadala oil companies are found for further evaluation to evaluate the reserves.

East Java Ketapang ocean production-sharing contracts area of the subsidiary operators Malaysian oil Petronas CarigaliKetapang company said earlier this month, Indonesia's Bukit Tua South - 2 appraisal well drilling depth of 2176 meters, and test the flow of oil to 1656 barrels per day.

The company added, Bukit Tua oilfield production will start at the end of 2014.