PETRONAS wishes to announce the successful drilling of Cendor Graben-2 appraisal well within Block PM304 offshore Peninsula Malaysia.
The well was drilled to a depth of over 1,000 metres and confirmed the presence of oil and some gas-bearing reservoirs. Drilling was undertaken by Petrofac (Malaysia PM304) Ltd, the operator for Block PM304, together with joint-venture partners PETRONAS Carigali Sdn Bhd, Kuwait Foreign Petroleum Exploration Company and PetroVietnam Exploration Production Corporation Ltd.
The Cendor field was first discovered by Amerada Hess in 2001. However, the discovery was initially regarded as marginal with estimated recoverable resources of 12 million barrels (MMstb) of oil and was therefore deemed too risky and uneconomical for development. In May 2004, Petrofac acquired Amerada Hess' interest and assumed operatorship of Block PM304.
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