Report summaryThe SK309 and SK311 blocks lie offshore Sarawak and were awarded to Murphy Oil in 1999. Murphy drilled a number of exploration and appraisal wells on the acreage, which led to the development of the West Patricia oil field in 2003 and the tie-back of the Congkak oil field in late-2004. Project economics were enhanced by the introduction of improved fiscal terms, namely the post-1996 R/C terms.In addition to the oil reserves, a number of gas fields on SK309 and SK311 are being developed to ...
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