Malaysian Well Comes Up Dry for Lundin

Sweden's Lundin Petroleum announced Thursday that it has completed the Merawan Batu-1 exploration well on Block PM308B, offshore the east coast of the Malaysian Peninsula. The well is to be plugged and abandoned as a dry hole.

The exploration well targeted hydrocarbons in Oligocene-aged sands in a faulted anticline in an undrilled area approximately 30 miles to the west of the Janglau oil discovery made by Lundin in 2011. The objective reservoirs were successfully penetrated but proved to be water-bearing. The well will be plugged and abandoned as a dry hole.

The jackup rig West Courageous (350' ILC) will now move to drill the Tembakau prospect in Block PM307.

Lundin Petroleum holds 75-percent interest in PM308B through its subsidiary Lundin Malaysia. Lundin Malaysia's partner is Petronas Carigali, which has a 25-percent interest. Lundin Malaysia BV operates six blocks in Malaysia, namely PM307, PM308A, PM308B, SB303, SB307 & SB308.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Preparing a Mechanical Engineering Res... (Jul 19)
 -  Tesoro Signs Deal with Pemex to Enter ... (Jul 19)
 -  Irish Gas Grid Could Receive LNG from ... (Jul 19)
 -  What's It Take to Land a Job as a Petr... (Jul 14)
 -  Linde to Build New PP Line at Braskem ... (Jul 11)


Most Popular Articles

From the Career Center
Jobs that may interest you
Tool Tech
Expertise: Maintenance Technician|Mechanic|Rig Mechanic
Location: New Iberia, LA
 
Downhole Mechanical Tech II : HALJP00006169 - Houston TX
Expertise: Mechanical Technician|Rig Mechanic
Location: Houston, TX
 
United States Houston: Application Evaluation Specialist
Expertise: Drilling Engineering|Field Development
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $49.3/BBL 0.80%
Light Crude Oil : $46.79/BBL 0.70%
Natural Gas : $3.04/MMBtu 0.97%
Updated in last 24 hours