Hess in North Malay Launch


American independent oil & gas company Hess has started first production of natural gas from its North Malay Basin asset offshore Malaysia.

The production kicked off in mid-July following the hook-up of the topsides for the central processing platform.

The field is expected to ramp up net production to approximately 165 million cubic feet per day during the third quarter.

North Malay Basin is a long-life natural gas asset comprised of nine discovered natural gas fields with an estimated gross recoverable resource of more than 1.5 trillion cubic feet of natural gas and more than 20 million barrels of condensate.

The North Malay Basin Block PM302 is located approximately 300 kilometers offshore the Trengganu Gas Terminal in the Gulf of Thailand, with a water depth of approximately 55 meters and multiple gas bearing zones located at depths of 1,000 – 3,000 meters.

Hess is the operator of the development with a 50-percent working interest, with Petronas owning the remaining 50-percent working interest.

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