PETRONAS
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Unconventional

Unconventional resources have revolutionised the global energy industry. PETRONAS is accelerating development and building capabilities in shale oil/gas, tight reservoirs, oil sands and other unconventional hydrocarbons, which are recognised to have massive resource potential.


Together with the right partners and technologies, we monetise these resources to deliver energy where it matters.


Unconventional at a glance:

 

Canada Uncon.pngCanada – Shale Gas

                • ·        More than 52 Tcf of gross reserves and contingent resources across two Joint Ventures in Northeast British Columbia.
                  ·        Current total gross production of circa 630 mmscfd into the North American market.
                  ·        Unconventional Centre of Excellence hosted in the Calgary office providing global expertise for PETRONAS unconventional projects.

Find out more about our operations at Progress Energy, Alberta, Canada.

Australia Uncon.pngAustralia – Coal Bed Methane (CBM)
·        Integrated CBM to LNG project
·        GLNG Equity Distribution: Santos – 30%; PETRONAS – 27.5%; Total – 27.5%; KOGAS – 15%
·        More than 5 Tcf of natural gas resource
·        Active drilling programme of greater than 300 wells per year
·        Capital investments USD 31.9 billion
·        Operating Expenditure USD 15.9 billion
·        7.8 million tonnes per annum (MTPA) with each train carrying 3.9 MTPA
·        420 km underground 42” Gas Transportation Pipeline (GTP)

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Argentina Uncon.pngArgentina – Shale Oil
·        La Amarga Chica (LAC) field in Vaca Muerta formation in Neuquén Basin, Argentina (World’s second-largest shale gas deposit and fourth-largest shale oil deposit)
·        The project is in 3-phase of Pilot Programme; progressing into its final Phase 3
·        Current production is approximately 8kboed