EXXON MALAYSIAN AFFILIATE STARTS UP OFFSHORE OIL PLATFORM
"The addition of the Guntong D production brings total Guntong field production to 100,000 barrels per day. As the Guntong D drilling program continues, it will enable EPMI to maintain current field production levels for the next several years," according to E. M. Flint, managing director of EPMI. The Exxon-operated Guntong field is located 130 miles offshore Peninsular Malaysia.
Guntong D is the fourth platform in the Guntong field, one of the largest oil fields operated by EPMI. A total of 40 wells are planned for the Guntong D platform. The new platform has a target production rate of 80,000 barrels per day. The earlier platforms Guntong A, B and C were installed in the 1980s.
The $400 million project involved the installation of offshore production and compression platforms, living quarters and an insulated pipeline. This is the first pipeline in the world to be installed with concrete coating over syntactic polyurethane insulation. The insulation prevents the oil from cooling below the temperature where wax build-up would occur on the inside of the pipeline.
Mr. Flint noted that work on fabrication, pipe coating, installation, hook-up and commissioning, which totaled more than 5.3 million man-hours, was successfully completed without incurring any lost time injury. "We are particularly pleased with the high level of safety performance of all our contractors," he said.
EPMI's offshore production in Malaysia accounts for more than eight percent of Exxon's net oil and gas volumes. EPMI is the largest oil producer in Malaysia, operating 26 oil and gas platforms in 8 producing fields. EPMI also is the largest supplier of natural gas to Peninsular Malaysia. In 1994, EPMI's net production was 153,000 barrels a day of oil and gas liquids and 419 million cubic feet a day of natural gas.
/CONTACT: Tom Cirigliano of Exxon Corp., 214-444-1109/
CO: Exxon Corporation; Esso Production Malaysia Inc. ST: Texas IN: OIL SU:
PS -- NY031 -- 7473 06/20/95 09:37 EDT
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|Date:||Jun 20, 1995|
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