• Subscribe
  • Magazine
  • Videos
  • Webcasts
  • Events
  • About Us
  • Exclusive Content
    1. Drilling & Completion

    Lundin anticipates spring start-up for Bertam offshore Malaysia

    Jan. 7, 2015
    Lundin Petroleum has allocated $35 million for exploration offshore Malaysia this year.

    Offshore staff

    STOCKHOLM, Sweden – Lundin Petroleum has allocated $35 million for exploration offshore Malaysia this year.

    The company intends to drill two operated wells on the PM307 concession and to commission a seismic survey on PM328.

    Lundin expects itsBertam oil field to come onstream this spring, reaching plateau production later this year via a wellhead platform connected to an upgraded FPSO.

    This year the company has budgeted capex of $180 million fordrilling and completion of 12 development wells and installation and hookup of the FPSO.

    01/07/2015