Lundin Petroleum AB said March 3 it has completed the Maligan exploration well offshore East Malaysia.
The Maligan well was drilled by the Swedish company's subsidiary, Lundin Malaysia BV, with the West Prospero jack-up rig in block SB307/SB308. Total depth was about 1,380 m (4,528 ft) and encountered significant gas shows.
The well has now been plugged and abandoned and will be expensed in the first quarter of 2016, the release said.
Lundin Malaysia holds 65% working interest in SB 307/308. Partners are DYAS BV with a 20% working interest and Petronas Carigali Sdn Bhd with a 15% working interest.
Lundin Malaysia operates six blocks in Malaysia, namely PM307, PM319, PM308A, PM328, SB303 and SB307/308, according to the release.
Recommended Reading
CNX, Appalachia Peers Defer Completions as NatGas Prices Languish
2024-04-25 - Henry Hub blues: CNX Resources and other Appalachia producers are slashing production and deferring well completions as natural gas spot prices hover near record lows.
Chevron’s Tengiz Oil Field Operations Start Up in Kazakhstan
2024-04-25 - The final phase of Chevron’s project will produce about 260,000 bbl/d.
Rhino Taps Halliburton for Namibia Well Work
2024-04-24 - Halliburton’s deepwater integrated multi-well construction contract for a block in the Orange Basin starts later this year.
Halliburton’s Low-key M&A Strategy Remains Unchanged
2024-04-23 - Halliburton CEO Jeff Miller says expected organic growth generates more shareholder value than following consolidation trends, such as chief rival SLB’s plans to buy ChampionX.
Deepwater Roundup 2024: Americas
2024-04-23 - The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.