Page 10 - AsianOil Week 28 2022
P. 10

AsianOil                                    SOUTHEAST ASIA                                           AsianOil


       Harbour strikes gas with Timpan-1




       well offshore Indonesia




        PROJECTS &       UK-LISTED Harbour Energy announced on  and the full potential of the play across its entire
        COMPANIES        July 11 that it had made a natural gas and con-  licence. Nonetheless, it has also identified the
                         densate discovery with the Timpan-1 well off-  Canai Timur and Canai Barat structures in
                         shore Indonesia.                     the block, with similar play targets, based on
                           The well, which is located roughly 150 km  pre-existing 2D seismic lines. These prospects
                         offshore Indonesia in the Andaman II produc-  are seen as potential future drilling targets for
                         tion-sharing contract (PSC), was drilled in water  the company.
                         depths of 4,245 feet (1,294 metres) to a total ver-  The potential gas resource across the block
                         tical depth of 13,818 feet (4,212 metres) subsea. It  is estimated at more than 6 trillion cubic feet
                         encountered a 390-foot (119-metre) gas column  (170bn cubic metres).
                         in a high net-to-gross, fine-grained sandstone   IHS Markit commented that its base assump-
                         reservoir, Harbour said.             tion was that Timpan would be tied into exist-
                           In a drill stem test, the well flowed 27mn cubic  ing onshore facilities and pipelines in order to
                         feet (764,640 metres) per day of gas and 1,884  supply Indonesia’s domestic market, potentially
                         barrels per day (bpd) of condensate through a  displacing some LNG imports. The consultancy
                         56/64 inch choke. A full data acquisition pro-  estimated that at a gas price of $5 per million
                         gramme has also been completed at the site, and  British thermal units ($138.30 per 1,000 cubic
                         240 feet (73 metres) of core have been recovered.  metres), Timpan would only require roughly
                           Timpan-1 is Harbour’s first, play-opening  580bn cubic feet (16.4 bcm) of recoverable gas
                         well in the Andaman Sea. The company cau-  to be economical.
                         tioned that while the find represented a “mate-  Industry sources were cited as saying the
                         rial gas accumulation”, more work is needed to  discovery had no significant volumes of carbon
                         establish the commerciality of the discovery  dioxide (CO2) or hydrogen sulphide (H2S).™







       Samsung Engineering wins EPCC contract



       for Shell gas plant in Malaysia





        PROJECTS &       SOUTH  Korea’s Samsung Engineering  towards an FID for Rosmari-Marjoram sour
        COMPANIES        announced on July 13 that it had been awarded  gas project, along with the Timi sweet gas devel-
                         an engineering, procurement, construction and  opment, both of which are located in Block SK
                         commissioning (EPCC) contract for an onshore  318 offshore Sarawak. Shell operates the block
                         gas plant at Shell’s Rosmari-Marjoram project in  on behalf of its partner, Malaysia’s state-owned
                         Malaysia.                            Petronas. Combined output from both the Ros-
                           The contract is valued at around $680mn and  mari-Marjoram and Timi projects is anticipated
                         the project will be executed in two phases – a  to reach 150,000 barrels of oil equivalent per day
                         limited scope prior to Shell taking a final invest-  (boepd) at its peak.
                         ment decision (FID) on Rosmari-Marjoram and   Shell’s push to develop Rosmari-Marjoram is
                         all of the remaining scope after the FID has been  part of a broader trend whereby Malaysia needs
                         taken. Samsung noted that it was able to receive  to develop its sour gas fields to help maintain
                         the EPCC contract after also winning the dual  LNG exports after many of its easiest-to-ex-
                         front-end engineering and design (FEED) con-  ploit sweet gas fields have already been brought
                         tract for the project.               online.
                           The plant for which Samsung won the EPCC   In a recent report to investors, Shell said
                         contract will have the capacity to process up to  Rosmari-Marjoram would represent the
                         800mn cubic feet (22.7mn cubic metres) per day  first phase of the Sarawak Integrated Sour
                         of gas. The company anticipates that the gas plant  Gas Evacuation System (SISGES), which will
                         will be ready for start-up by the end of 2025.  include an offshore platform as well as the
                           The contract award comes as Shell works  onshore gas plant in Bintulu.™



       P10                                      www. NEWSBASE .com                           Week 28   15•July•2022
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