Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Malaysian Well Comes Up Dry for Lundin

change text size

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?

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.

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  ExxonMobil Extends OSV Charters with A... (Sep 30)
 -  Petronas Inks Agreements with Pemex, Y... (Sep 29)
 -  Tanjung Offshore Bags $61.5M EPIC Cont... (Sep 26)
 -  SapuraKencana Posts 2Q FY15 Net Profit... (Sep 25)
 -  GNRL Oil & Gas Finds Oil at ND#1A Well... (Sep 23)
Most Popular Articles
From the Career Center
Jobs that may interest you
Rig Manager - Training Rig
Expertise: Rig Manager, Safety Training Rep
Location: Houston , TX
 
Subsea Engineer III
Expertise: Subsea Engineer
Location: Houston, TX
 
Reservoir Engineer
Expertise: Petroleum Engineering, Reservoir Engineering
Location: Houston, TX
 
search for more jobs