- Peninsular Malaysia stands out as the most prolific hydrocarbon-producing region in Malaysia, boasting a classic tertiary rift basin known for hydrocarbon accumulations at multiple stratigraphic levels. This region comprises a network of half-grabens filled with rich lacustrine shales and continental clastics, making it a significant area of interest.
- The hydrocarbon profile here is unique: gas is more mature in the center due to deeper sediment layers, while oil fields are concentrated along the flanks. The hydrocarbons are sourced from both lacustrine shales and Miocene deltaic coals, primarily trapped within anticlines formed by the late Miocene inversion of half-grabens.
- The nearby, underexplored Penyu basin in southern Peninsular Malaysia also holds significant potential for future hydrocarbon discoveries.
- 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.
- Peninsular Malaysia 3D Mega Merge
- Phase 1: 16, 957 km²
- Phase 2: 20, 597 km²
- Phase 3: 1,500 km²
- Peninsular Malaysia 3D Mega Merge
- Phase 1: 16, 957 km²
- Phase 2: 20, 597 km²
- Phase 3: 1,500 km²
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Several leads were highlighted as part of the Malaysian Bid Rounds (MBR). TGS’ Multi Client Pre-Stack reprocessing and merge of the entire offshore Malay Basin area now allows for these prospect concepts to be applied over a much wider area with completely seamless attribute analysis.