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Petronas strikes oil at Balai field

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Petronas strikes oil at Balai field Empty Petronas strikes oil at Balai field

Post by Cals Mon 11 Nov 2013, 14:28

Petronas strikes oil at Balai field
Business & Markets 2013
Written by theedgemalaysia.com   
Sunday, 10 November 2013 16:25
KUALA LUMPUR (Nov 11): Petroliam Nasional Bhd (Petronas) has struck oil at the Balai field in the Balai Cluster Risk Service Contract (RSC) area.

In a statement Sunday, Petronas said oil production commenced on Nov 6 this year.

Petronas said the field’s first oil was achieved utilising an early production vessel (EPV) as a part of the RSC area’s extended well testing (EWT) programme.

The Balai Cluster RSC was awarded in August 2011 to BC Petroleum Sdn Bhd, a partnership between Roc Oil (Malaysia) Pty Ltd, Dialog D & P Sdn Bhd and Petronas Carigali Sdn Bhd.

It is the second RSC that has successfully achieved oil production after the Berantai gas field.

Petronas said the development area was located approximately 100-130 km northeast of Bintulu.

The national oil firm said the project facilities consisted of four light weight Tarpon Guyed Caisson Well Head Platforms and an EPV, namely the EPV Balai Mutiara, with on board storage capacity of about 50,000 barrels, well testing facilities and accommodation for 40 persons.

The EWT is part of the Balai Cluster pre-development phase and is designed to provide additional production and reservoir performance information required from the oil fields in order to support the field development planning process, it said.
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