Kuala Lumpur: Lundin Petroleum has announced that its wholly owned subsidiary Lundin Malaysia has achieved first oil from the Bertam field offshore Malaysia.
The Bertam field has been developed with a wellhead platform adjacent to a spread-moored FPSO in a water depth of 246 feet.
The remaining wells will be drilled sequentially later this year. The facilities should be operating at the plateau rate of 15,000 b/d by the end of 2015.
Lundin Malaysia is the operator with a 75% working interest and Petronas is a partner with a 25% working interest.
“Bertam is our first development project in Malaysia and as such we are very pleased to have achieved first oil safely, on schedule and within budget,” said Ashley Heppenstall, president and ceo of Lundin Petroleum.