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ROC Advises That BC Petroleum Sdn Bhd Commenced a Programme of Extended Well Testing

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Core prompt: ROC advises that BC Petroleum Sdn Bhd (BCP), the company incorporated to operate and manage the Cluster RSC in Malaysia, has commenced a

ROC advises that BC Petroleum Sdn Bhd (BCP), the company incorporated to operate and manage the Cluster RSC in Malaysia, has commenced a programme of Extended Well Testing (EWT) on the 2 well utilising the recently commissioned Early Production Vessel (EPV) "Balai Mutiara".

The EWT commenced on 6 November 2013 and flowed for approximately 24 hours before shutting in to obtain pressure performance data. The production is from two perforated intervals in the upper reservoir sands (1,895 – 1,901m MDRT and 1,906 - 1,912m MDRT) and the initial average rate was in the range 4,000 to 4,200 bopd and the oil gravity was measured at 39 deg API.

Following a short shut in period, EWT production has recommenced and will continue for an extended period.

The EWT programme is designed to provide additional production and reservoir performance information, required from the oil fields to support the field development planning process. The EWT programme is the final operational phase in the pre development EVP gas flare after commencement of production.

Subject to commercial viability, BCP aims to submit a Field Development Plan and move towards Final Investment Decision by the end of 2013.

Shareholders of BCP are ROC (48%), Dialog Group (32%) and PETRONAS Carigali (20%).

 
keywords: ROC, BCP, EWT, RSE
 
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