Since 1974, Malaysia has produced 9 billion barrels of oil and 50 trillion cubic feet of gas. Currently Malaysia produces around 660,000 barrels of liquids and around 7.0 billion cubic feet of gas per day.
The past 45 years of exploration in Malaysia saw more than 1,200 exploration wells drilled, which resulted in the discovery of around 7 billion barrels of oil and 75 trillion cubic feet of gas deemed as commercial, of which around 13 billion barrels of oil equivalent has been produced. Despite of the significant discoveries made to date, Malaysia basins still offers variety of play types which has yet to be fully tested.
Malaysia’s Oil & Gas Potentials
(illustrative, not to scale)
