Malaysian based oil major, Petronas, has achieved first oil from its Tembikai oil field, offshore the Malaysian peninsular.
The Tembikai oil field is run through the Petronas wholly owned subsidiary, Vestigo Petroleum, a company setup by Petronas in 2013 to concentrate its operations on the smaller more marginal oil and gas fields that were proving too costly for Petronas to develop.
The Tembikai Oil field has been designed to incorporate a Central Processing Platform (CPP) and a Floating Storage & Offloading vessel (FSO). The two are linked by flexible subsea pipelines.
Tembikai is currently only producing from one well, however a further two are currently in their drilling case and a due to also be brought on stream in the very near future. Petronas estimates that once all three wells are flowing, the Tembikai oil field will produce around 2,000 barrels of oil per day (bopd) at its peak.
Vestigo Petroleum’s Chief Executive Officer, Keith Collins commented, “We are pleased with this momentous achievement in the development and production of small and marginal fields where we managed to deliver the project within the budget and ahead of schedule.”