Dateline 2015-04-07, Offshore Engineer:
Japanese exploration firm JX Nippon Oil & Gas Exploration’s Malaysia subsidiary is planning two further exploration wells offshore Malaysia after confirming a deepwater oil discovery.
The Bestari-1 exploration well, the first drilled in Deepwater Block R (the Block), found 70m of oil bearing sands across multiple Miocene-aged formation horizons.
The Block, offshore Sabah, East Malaysia, covers 672sq km in 100-1400m water depth, in an area where the Kikeh and the Gumusut-Kakap oil fields were discovered.
Reservoir depth ranges from 1860-2702m below sea level and preliminary wireline evaluation highlighted good reservoir properties, said JX Nippon.