D35/D21/J4 PSC

Asset overview D35/D21/J4

Location

The Fields are located on the continental shelf in the Sarawak Basin offshore Eastern Malaysia.

Operator

PETRONAS Carigali Sdn Bhd

JV partners and interests

Roc Oil (Sarawak) Sdn Bhd

30%

PETRONAS Carigali Sdn Bhd

40%

E&P Malaysia Ventures Sdn Bhd

10%

Dialog Resources Sdn Bhd

20%

Status

Producing oil and gas fields, continuing redevelopment and production optimisation activities.

History

ROC farmed in to a Production Sharing Contract which includes the three fields, effective 1 January 2014 until December 2034.  The PSC terms are designed for field redevelopment and enhanced oil recovery to commercially encourage progressive incremental oil development.

The first phase of redevelopment activities was completed in 2015/16 with 4 wells drilled, well interventions and facility debottlenecking projects completed.

The next phase of redevelopment included four infill production wells in D21 and seismic acquisition in  in 2017.

Redevelopment activities continued in 2018 with completion of three wells at J4.  A D35 drilling campaign of 10 wells was successfully completed from August 2018 to August 2019.  A new 4-well drilling project at D35-B platform commenced in November 2019 and is planned to conclude in 1H 2020.

A D21 redevelopment project commenced in 2019, all major structural modifications were completed for a three slot deck extension, and drilling is planned to commence in 2020.

Geologically, the Fields lie within the western Balingian province of the Sarawak Basin.