PETRONAS is delighted to declare that the Gumusut-Kakap (GK) Phase 3 deep-water development project, off the coast of Sabah, Malaysia has achieved its first oil production.
In collaboration with PETRONAS Carigali Sdn Bhd, ConocoPhilips Sabah Limited, PTT Exploration and Production Public Company Limited, and PT Pertamina Malaysia Eksplorasi Produksi, Sabah Shell Petroleum Co. Limited (SSPC) is the project’s operator.
Two new water injector wells and two new oil producer wells were both drilled. The four wells will increase GK’s production capacity by about 25,000 barrels per day once they are fully operational in Q1 2023.
PETRONAS Senior Vice President of Malaysia Petroleum Management (MPM), Mohamed Firouz Asnan said, “The delivery of new production from GK Phase 3 represents yet another milestone in the development of this world-class field, further unlocking its full potential.
“We are very proud of the tremendous efforts of our petroleum arrangement contractors including our service providers who, with the strong support by the Sabah State Government, managed to overcome the challenges faced by the project especially during the height of the pandemic. It is a real testament of the resilience of the local oil and gas ecosystem.”
“Whilst the shallow inboard areas continue to underpin the country’s production, the future lies in the deepwater plays which makes up a quarter of our offshore acreages,” he added.