Exploring Langkasuka Basin: PETRONAS initiates advanced seismic survey in Malaysia
PETRONAS, Malaysia’s leading oil and gas company, has announced the commencement of a significant offshore multi-client 2D seismic survey in the Straits of Melaka. The survey aims to explore and map the hydrocarbon potential in the open blocks of PM320 and PM321 in the Langkasuka Basin.
Enhancing Seismic Data Pool for Hydrocarbon Discovery
This seismic survey, initiated in October 2023, is set to be completed by the end of December this year. Covering an expansive area of over 38,000 square kilometres, the survey will acquire approximately 8,000 kilometres of new 2D seismic data. It is meticulously designed to provide high-quality seismic data, crucial for prospecting pre-Tertiary targets in the region.
PETRONAS’ Commitment to Data Enrichment
Mohamed Firouz Asnan, PETRONAS’ Senior Vice President of Malaysia Petroleum Management (MPM), emphasized the company’s dedication to investing in data enrichment for Malaysian basins, such as the emerging Langkasuka Basin. This initiative is expected to enhance exploration interests and support Malaysia’s production growth strategy.
PETRONAS initiates advanced seismic survey in Malaysia for exploration in Langkasuka Basin
Exploring the Untapped Langkasuka Basin
Azmir Zamri, Senior General Manager of Resource Exploration at MPM, mentioned that recent studies of the Langkasuka Basin have indicated potential hydrocarbon reserves in the deeper pre-Tertiary formation. This insight led to the decision to conduct the seismic survey, with the first exploration probe expected within the next three years.
PETRONAS: Steward of Malaysia’s Petroleum Resources
As the custodian of Malaysia’s petroleum resources, MPM, under PETRONAS, manages petroleum arrangements and oversees upstream exploration and production activities. PETRONAS continues to demonstrate its commitment to the sustainable growth of the oil and gas industry in Malaysia.
PETRONAS’ new seismic survey represents a forward-looking approach to discovering and harnessing the hydrocarbon potential in Malaysia, positioning the country as a key player in the global energy sector.