Petronas Carigali makes significant O&G discovery at Block SK306, off coast of Sarawak

PETRONAS Carigali Sdn Bhd, a wholly-owned subsidiary of Petroliam Nasional Bhd (Petronas), today announced an oil and gas (O&G) discovery at the Nahara-1 well in Block SK306, located in the shallow waters of Balingian Province about 150km from Bintulu, off the coast of Sarawak, offshore Malaysia. 

In a statement today, Petronas Carigali said the Nahara-1 well was successfully drilled to a total depth of 2,468m and the explorers had encountered hydrocarbon in the Late Oligocene to Middle Miocene aged sedimentary sequences. 

Light oil with minimal contaminants was also established after production testing was conducted for the well, it added.

Petronas Carigali is the operator of the block, with 100% participating interest in its production-sharing contract. 

“We are excited with this discovery and its impact to the future exploration effort in the surrounding areas.  Nahara-1 is a significant oil discovery by Petronas Carigali within the last decade.

“It is a testament to the vast potential in Malaysia’s prolific basins which remain highly prospective,” Petronas VP of Exploration Mohd Redhani Abdul Rahman said.

“The discovery also reinforces Petronas Carigali’s current exploration strategy of renewing focus in its exploration efforts in Malaysia’s basins,” he added. — TMR / pic source Petronas’ Facebook