Malaysia’s Petronas makes oil discovery at Hidayah-1 exploration well in Indonesia

26-Feb-2021 Intellasia | Reuters | 7:31 AM Print This Post

Malaysia state oil firm Petroliam Nasional Berhad, or Petronas, on Wednesday said has made an oil discovery at the Hidayah-1 exploration well in Indonesia through its subsidiary PC North Madura II Ltd

The well, located within the North Madura II Production Sharing Contract (PSC) offshore East Java, encountered an oil-bearing carbonate build-up with good reservoir qualities in the Ngimbang carbonate formation, Petronas said.

https://www.reuters.com/article/malaysia-petronas/malaysias-petronas-makes-oil-discovery-at-hidayah-1-exploration-well-in-indonesia-idUSL4N2KU33C

 

Category: Indonesia

Print This Post

Comments are closed.