Fossil Energy – Malaysia
Petronas has made an oil and gas discovery in Block SK306 offshore Malaysia, following the drilling of the Nahara-1 well.
Block SK306 is located in the shallow waters of the Balingian Province approximately 150km from Bintulu, off the coast of Sarawak.
Drilled to a total depth of 2,468m, the Nahara-1 well encountered hydrocarbons in the Late Oligocene to Middle Miocene aged sedimentary sequences.
Following production testing of the well, light oil with minimal contaminants was also established.
