Murphy Makes New Discovery in Deepwater Malaysia
Murphy Oil
Murphy Oil has discovered oil in multiple zones at the Senangin #1 exploration well. Drilled in 4,695 feet of water in Block K, offshore deepwater Sabah, the well reached a total measured depth of 15,962 feet. The well was drilled by Diamond Offshore's semisub, Ocean Rover.
"This latest oil discovery in deepwater Sabah further extends the proven play fairway and is an important new addition to our list of discoveries in Malaysia," said Claiborne P. Deming, Murphy Oil Corporation President and Chief Executive Officer. "The Senangin structure is 14 kilometers outboard of our Kikeh field on a completely new trend. The oil we found is the same quality as that at Kikeh and while contained in thinner reservoirs, could extend over a larger area. Although it is simply too early to size this discovery, we are keen to return with an appraisal program which we will fit into our ongoing exploration plans," he added.
"We will now drill an exploration well on the Todak prospect located further north in Block K, as we continue to maintain an active drilling program across each of the main oil provinces in Malaysia," he further added.
Murphy as operator, has an 80% working interest in Block K, which covers over four million acres. PETRONAS Carigali Sdn. Bhd., a wholly owned exploration and production arm of PETRONAS, holds the remaining 20%.
"This latest oil discovery in deepwater Sabah further extends the proven play fairway and is an important new addition to our list of discoveries in Malaysia," said Claiborne P. Deming, Murphy Oil Corporation President and Chief Executive Officer. "The Senangin structure is 14 kilometers outboard of our Kikeh field on a completely new trend. The oil we found is the same quality as that at Kikeh and while contained in thinner reservoirs, could extend over a larger area. Although it is simply too early to size this discovery, we are keen to return with an appraisal program which we will fit into our ongoing exploration plans," he added.
"We will now drill an exploration well on the Todak prospect located further north in Block K, as we continue to maintain an active drilling program across each of the main oil provinces in Malaysia," he further added.
Murphy as operator, has an 80% working interest in Block K, which covers over four million acres. PETRONAS Carigali Sdn. Bhd., a wholly owned exploration and production arm of PETRONAS, holds the remaining 20%.
RELATED COMPANIES
Most Popular Articles
- Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
- Macquarie Strategists Expect Brent Oil Price to Grind Higher
- Japan Failing to Meet Corporate Demand for Clean Power: Amazon
- Pennsylvania County Joins List of Local Govts Suing Big Oil over Climate
- UK Oil Regulator Publishes New Emissions Reduction Plan
- PetroChina Posts Higher Annual Profit on Higher Production
- US, SKorea Launch Task Force to Stop Illicit Refined Oil Flows into NKorea
- McDermott Settles Reficar Dispute
- Russian Navy Enters Warship-Crowded Red Sea Amid Houthi Attacks
- USA Commercial Crude Oil Inventories Increase
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude
- House Passes Protecting American Energy Production Act
- TotalEnergies Restarts Production in Denmark's Biggest Gas Field
- Republican Lawmakers Say IEA Has Abandoned Energy Security Mission
- USA Oil and Gas Job Figures Jump
- Blockchain Demands Attention in Oil and Gas
- Houthis Warn Saudi Arabia of Retaliation If It Backs USA Attacks
- Macquarie Sees USA Oil Production Exiting 2024 at 14MM Barrels Per Day
- Summer Pump Prices Set to Hit $4 a Gallon Just as Americans Hit the Road
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Equinor Makes Discovery in North Sea
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension