Business

Petronas produces first oil from KBM Cluster

Fields which commenced on 16 December 2013.

Petronas
14/01/2014 13:00
Visualizações: 1562 (0) (0) (0) (0)

 

Malaysian oil giant Petronas has produced first oil from the Kapal, Banang & Meranti (KBM) Cluster fields, offshore Peninsular Malaysia, which commenced on 16 December 2013.
The KBM Cluster, operated by Coastal Energy KBM Sdn Bhd, has been developed with JV partner Petra Energy under a Risk Service Contract (RSC) since June 2012. This is the third RSC that has successfully achieved oil production, after the Balai Cluster and Berantai Fields.
The KBM Cluster is an eight-year development project with Kapal being in its first development and production phase. The Kapal field facilities consist of one mobile offshore production unit (MOPU), one storage tanker with approximately 600,000 barrels capacity, one drilling rig with an attached well bay module and two flexible flow lines.
Through this mobile offshore production concept, Petronas plans to continue determining the potential production from the three KBM fields. The initial production rates from the cluster were over 10,000 barrels/day, with peak production reaching 13,000 barrels/day.
To date, Petronas has awarded 10 fields in four clusters under the RSC arrangement. Four fields have commenced production with a total of over 30,000 barrels of oil equivalent (boe) per day.

Malaysian oil giant Petronas has produced first oil from the Kapal, Banang & Meranti (KBM) Cluster fields, offshore Peninsular Malaysia, which commenced on 16 December 2013.


The KBM Cluster, operated by Coastal Energy KBM Sdn Bhd, has been developed with JV partner Petra Energy under a Risk Service Contract (RSC) since June 2012. This is the third RSC that has successfully achieved oil production, after the Balai Cluster and Berantai Fields.


The KBM Cluster is an eight-year development project with Kapal being in its first development and production phase. The Kapal field facilities consist of one mobile offshore production unit (MOPU), one storage tanker with approximately 600,000 barrels capacity, one drilling rig with an attached well bay module and two flexible flow lines.


Through this mobile offshore production concept, Petronas plans to continue determining the potential production from the three KBM fields. The initial production rates from the cluster were over 10,000 barrels/day, with peak production reaching 13,000 barrels/day.


To date, Petronas has awarded 10 fields in four clusters under the RSC arrangement. Four fields have commenced production with a total of over 30,000 barrels of oil equivalent (boe) per day.

 

Most Read Today
see see
Award
WPC Energy Announces Vicki Hollub as Recipient of the Pr...
01/07/25
ANP
Final Results of the PRH-ANP 2025 Announced
01/07/25
Wind Energy
New Provisional Measure Will Not Be Enough to Counter Ha...
30/06/25
International
Oil discovery in the Johan Castberg area in the Barents Sea
30/06/25
Fuels
Gasoline Drops Just 0.78% in June Despite Petrobras' 5.6...
30/06/25
Event
Brazil Advances Energy Transition with E30 and B15, Rein...
30/06/25
People
Patricia Pradal Appointed as New President of Chevron So...
30/06/25
Results
ANP Releases Consolidated Data for the Regulated Sector ...
30/06/25
Ethanol
Ethanol Prices Rise in the Last Week of June
30/06/25
People
Fulkrum appoints Louisa Poole as Chief Financial Officer
26/06/25
International Company News
Johan Castberg producing at full capacity
25/06/25
Decarbonization
EPE to Launch Analysis on Decarbonization of Brazilian E...
13/06/25
FIRJAN
At the Launch of the Rio Oil Yearbook, Business Leaders ...
13/06/25
Permanent Offer
ANP to Hold 5th Cycle of the Permanent Concession Offer ...
13/06/25
Award
Unique Group Celebrates Prestigious Wins at 2025 cHeRrie...
13/06/25
Business
ANP to Hold Public Consultation and Hearing on Update of...
12/06/25
RenovaBio
ANP Approves New Regulation for Biofuels Certification
12/06/25
E&P
ANP Approves Resolution Establishing Requirements for Fu...
12/06/25
Bahiagás
Luiz Gavazza Highlights Bahiagás’ Expansion and Bahia’s ...
12/06/25
Event
SP Offshore 2025: Second Edition Boosts a New Phase for ...
12/06/25
Bahia Oil & Gas Energy 2025
Innovation in Its DNA: How Comquality Is Revolutionizing...
04/06/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.

2