EnQuest plc has agreed to increase gas production from the Seligi field until the end of 2025 to support Peninsular Malaysia’s gas demand.
SELIGI
The group became operator of Seligi in 2014 and brought its first horizontal well on stream in June 2022.
ASSESSMENT
The agreement, on behalf of the PM8 (extension) production sharing contract parties, was signed with Malaysia state-owned Petronas*.
EnQuest expects to increase gas production by around 25 mmscf per day (50 mmscfd gross), initially from associated gas.
The partnership will assess the drilling of additional gas-producing wells over time.
“Increasing gas production aligns with EnQuest’s strategy of responsibly managing existing energy assets, enhancing exposure to gas and international assets, and will contribute to a reduction in EnQuest’s carbon intensity,” said the company in a statement.
* Petroliam Nasional Berhad