PETRONAS Carigali, Baker Hughes join forces to boost production offshore Malaysia

Posted on 23 October 2013

PETRONAS Carigali has awarded Baker Hughes a 23-year oilfield service agreement for offshore Malaysia. The companies will work together to boost Greater D18 fields’ recoverable reserves and hydrocarbons production.

The agreement came after a collaborative 2 1/2-year field development study that used Baker Hughes’ reservoir evaluation capabilities to analyze the geology and reservoir attributes of the mature and compartmentalized D18 fields. Production was revitalized in target wells with two integrated production enhancement programs. Further analysis helped establish a comprehensive field development plan.

Baker Hughes will participate in D18’s redevelopment cost in return for remuneration from the incremental production. The company has implemented a similar modeling strategy in other areas, including Mexico, the US and other areas of the Asia Pacific.

“The partnership between PETRONAS Carigali and Baker Hughes on this project represents a significant milestone in expanding our offering with reservoir development in addition to our traditional products and services portfolio,” Zvonimir Djerfi, president of Asia Pacific region for Baker Hughes, said.

 

1 Comments For This Post

  1. Augustine Blake Says:

    With the challenges surrounding this marginal, complex reservoir, Baker Hughes’ field management strategy combines technical expertise and integrated solutions to enhance existing production by identifying new targets and efficiently constructing new wells to maximize production throughout the entire life cycle of the field.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 22 April 2015

    Transocean appoints Jeremy D. Thigpen as President & CEO

    Transocean has announced that Jeremy D. Thigpen has been named President and Chief Executive Officer effective 22 April 2015. Mr Thigpen succeeds Ian C. Strachan, Interim...

  • 22 April 2015

    Noted broadcast journalist Eithne Treanor to MC IADC World Drilling 2015, Rome, 17-18 June

    IADC is pleased to announce that noted industry broadcast journalist and professional moderator Eithne Treanor will serve as master of ceremonies...

  • 22 April 2015

    UBO & MPD Committee drives safe practices, while survey indicates industry moving toward acceptance

    The IADC Underbalanced Operations & Managed Pressure Drilling Committee continues to drive safe practices...

  • 22 April 2015

    Video: Schlumberger’s At Balance brand aims to make MPD more accessible

    Schlumberger recently brought back the At Balance brand as a family of product and services offering at the 2015 IADC/SPE Managed Pressure Drilling and Underbalanced...

  • 21 April 2015

    Petrobras’ first MPD operation aboard a DP rig succeeds

    Petrobras’ first use of MPD aboard a dynamically positioned rig proved successful and kept NPT to less then 3%, according to a paper presented at the 2015 IADC/SPE...

  • Read more news