KUALA LUMPUR, Oct 12 (Bernama) — PETRONAS through its subsidiary, PC Oman Ventures Ltd (PCOVL) together with its partners, BP Exploration (Epsilon) Limited and Makarim Gas Development LLC, a subsidiary of OQ, today announced the start of production from its Ghazeer gas field (Phase 2), located in Block 61, Sultanate of Oman, three years after the Khazzan gas field (Phase 1) was brought online.
With Ghazeer, the production capacity from Block 61 is expected to rise to 1.5 bcf/d with more than 65,000 bbls/day of associated condensate. Block 61 is operated by BP Exploration (Epsilon) Limited with a 60% participating interest, while PCOVL holds 10% and Makarim Gas Development LLC holds the remaining 30%.
