The discovery is located in the shallow waters of Balingian Province about 150 kilometres from Bintulu, off the coast of Sarawak, offshore Malaysia.
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“The decision by OPEC+ to continue with its recently agreed 2 million barrels per day (b/d) production cut through the end of 2023 is not a surprise”, says Ann-Louise Hittle, Vice President, Macro Oils, at Wood Mackenzie.
The list of references associated with the article entitled 'The Making Of MENA', which featured in the Winter 2022 issue of Oilfield Technology.
The well was drilled about 17 kilometres north of the Heidrun field in the Norwegian Sea and 240 kilometres west of Sandnessjøen.
Ramform Hyperion will commence acquisition in late November and expect to complete mid-January 2023.