The map shows the areas/basins in the country where Repsol has exploration and/or production/development activity
Major Upstream projects
We have been operating the Kinabalu field, a mature offshore field located in the Malaysian basin of Sabah, since 2015. We have a 60% share in this field and the remaining 40% belongs to Petronas.
The project comprises a new platform, connection lines to existing facilities in Kinabalu, and drilling ten additional production wells.
In April 2016, the construction of the new facilities began, and drilling operations are expected to start during the third quarter of 2017. The launching of the field will increase gross production by 7,000 barrels of crude per day between 2017 and 2019, and by a gross quantity of 15.6 million barrels in the reserves by 2032.
This year we began exploration and production activities in the country through the incorporation of the PM-3 operated production block, located between Malaysia and Vietnam, where we have a 41.44% stake.
PM-3 is an asset producing gas and oil, which are exported to the Malaysian and Vietnamese markets. In production, this asset will include all asset management activities: exploration, the development of new discoveries, and the improved recovery of hydrocarbons in the areas developed.