In a statement state-owned Petronas said, “The Angsi A-28ST-1 well reached its total depth of 6,339 metres on Aug 11, just 44 days after it was spudded on June 29. The 80-degree extended reach drilling well penetrated an oil reservoir, potentially containing 4.5 million barrels of oil, about 5.8 km from the Angsi platform.”
“The well will be completed as oil producing well before the end of this month,” added Petronas.
Angsi is a 50-50 JV between Petronas Carigali and ExxonMobil unit ExxonMobil Exploration and Production Malaysia Inc with the former as operator. Developed in three phases, Angsi currently produces 100,000 barrels of oil and 200 million standard cubic feet of gas per day.
