Lundin Petroleum spuds Kitabu exploration well offshore Malaysia
Oct. 28, 2014
Lundin Petroleum AB has spud the Kitabu-1 exploration well in block SB307/308, offshore Sabah, Malaysia.
Offshore staff
STOCKHOLM – Lundin Petroleum AB has spud the Kitabu-1 exploration well in block SB307/308, offshore Sabah, Malaysia.
The Kitabu prospect is a stratigraphic trap located 4 km (2.5 mi) to the north of the Shell-operated producing South Furious 30 oil field with target reservoirs in onlapping turbidite sandstones of the same Miocene sequence. Lundin Petroleum estimates the Kitabu prospect to have the potential to contain unrisked, grossprospective resources of 71 MMboe.
Kitabu-1 is a vertical well to be drilled by the jackup rig West Prospero to a depth of 2,270 m (7,448 ft) in 50 m (164 ft) water depth. The drilling of the well is expected to take approximately 35 days.
Lundin Petroleum holds a 42.5% interest in block SB307/308 through its subsidiary Lundin Malaysia BV. Lundin Malaysia BV's partners are EnQuest, with a 42.5% interest, and Petronas Carigali, with a 15% interest.
