- The smallest of the regions regarding existing production, could hold the most potential; as this area is geologically complex, high-quality reprocessing and new acquisitions are crucial to unlocking the potential. Recent Miocene carbonate discoveries at Tepat and Layang-Layang have reignited interest in further exploration of this area. New data and ongoing license activity could be vital to unlocking the potential.
- The Malaysian Government and Malaysia Petroleum Management (MPM) have enhanced the investment environment with favorable terms for deepwater assets, late-life assets, and small fields.
- Committed to a net-zero goal by 2050, Malaysia promotes gas as a transaction fuel. An active bid round process demonstrates openness to investment with ongoing evaluations of upstream and CCS opportunities.
- Sabah 3D Phases 1 to 6 covering 50, 500 km².
- East Sabah 2D 3, 558 km
- East Sabah 2D Reprocessing: 2 676 km²
- East Sabah 2D (cubed): 2,830km²
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Mid Miocene horizon slice from TGS’ North Sabah Phase 6 PSDM showing Spectral decomposition (5/20/40Hz)
Mid Miocene horizon slice from TGS’ North Sabah Phase 6 PSDM showing Interval velocity overlaid over amplitude
Inline / Crossline through Sabah Phase 6 showing shallow gas accumulations directly above Mid-Miocene Carbonate Pinnacles