Lundin plugs and abandons Kitabu-1 offshore Malaysia

January 25, 2015

Dateline 2014-11-18, Oil & Gas Technology:

Kitabu-1 exploration well, offshore Sabah, Malaysia, has been completed as a dry hole, according to the operator Lundin Petroleum

Kitabu-1 exploration well, offshore Sabah, Malaysia, has been completed as a dry hole, according to the operator Lundin Petroleum

The primary reservoir interval resulted in being a poor quality siltstone, and no hydrocarbon shows were encountered in the well

Lundin Petroleum AB (Lundin Petroleum) has completed the Kitabu-1 well located in Blocks SB307/SB308, offshore Sabah, Malaysia.

The well has reached planned total depth of 2,270 metres and is to be plugged and abandoned as a dry hole.

Objectives of the Kitabu-1 well were Miocene aged turbidite sands of similar age to the Shell operated South Furious 30 oil field, approximately four kilometres to the north.

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Lundin spuds Kitabu wildcat offshore Malaysia

December 28, 2014

Dateline 2014-10-27, Oil & Gas Technology:

Lundin Petroleum has spud the Kitabu-1 exploration well in Block SB307/308, offshore Sabah, Malaysia

Lundin spuds Kitabu wildcat offshore Malaysia

Lundin Petroleum estimates the Kitabu prospect to have the potential to contain unrisked, gross prospective resources of 71 million barrels of oil equivalent

The Kitabu prospect is a stratigraphic trap located four kilometres 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, gross prospective resources of 71 million barrels of oil equivalent.

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