Drilling underway at East Belumut offshore Peninsular Malaysia

Sept. 1, 2023
The Velesto jackup Naga-2 has started drilling the first of four wells on the East Belumut Field on the PM329 production sharing contract offshore Malaysia for Jadestone Energy.

Offshore staff

SINGAPORE – The Velesto jackup Naga-2 has started drilling the first of four wells on the East Belumut Field on the PM329 production sharing contract offshore Malaysia for Jadestone Energy.

These should deliver combined peak oil production of 2,000 bbl/d to 2,500 bbl/d.

Jadestone also announced that it expects to restart production at the Montara FPSO offshore northwest Australia Sept. 1 following an investigation and assurance review into a defect in the onboard 4S/5C.

Production will initially resume from one well at about 1,000 bbl/d to recommission the FPSO’s oil production system, and it will be followed by gas compression, allowing further wells to be brought back online within several days.

At that point, output should return to the 6,000-bbl/d rate prior to the shutdown at the end of July. The company plans to use a shuttle tanker to provide additional storage during this period of constrained FPSO storage capacity.

Repairs in ballast water tank 4P are almost complete, after which it will be returned to service.

Inspections and preparations for repair work are underway in tank 5C and ballast water tank 4S.

Jadestone added that the defects encountered pose no safety or structural risk, nor a risk of a hydrocarbon leak to sea.

09.01.2023