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.


Category: Indonesia

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