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oa Overview Of Recent Malaysia Oil & Gas Discoveries
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, PGCE 2005, Dec 2005, cp-257-00001
Abstract
From the Petronas point of view, the bottom line is good and has been getting better for the last several years. Numerous exploration oil and gas discoveries have been made in Malaysia in Sabah, Sarawak and Malay Basins recently; and examples of many of these discoveries will be presented. The new discovery examples include novel play-types such as fractured basement, and new exploration concepts regarding carbonate pinnacle reef buildups and clastic turbidite fans. These discoveries were made in both shallow and deepwater environments - the larger of which continue to be located in deep water Sabah. The ability of the Malaysian petroleum industry to locate and discover both low CO2 gas structures within CO2 rich corridors, and oil prone discoveries where conventional wisdom expected gas-rich reservoirs will be mentioned. The multitude of new exploration trends available in conjunction with the inventory of undrilled prospects offers a myriad of opportunities for successful exploration, development and production in Malaysia. Some of these new opportunities will be presented.