Petros plans 10 exploratory wells across nine Sarawak areas, with RM500m estimated cost
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Petroleum Sarawak Berhad (Petros) plans 10 exploratory oil and gas wells across nine promising onshore areas, with an estimated investment of RM500 million. Balingian, Limbang-Lawas, Marudi and Niah are the named drilling areas.
The programme was outlined in the Sarawak Ministry of International Trade, Industry and Investment’s winding-up at the State Legislative Assembly on Oct 21, DayakDaily reported. It is intended to identify new reserves using advanced technology.
The nine areas and 10 wells describe an exploration programme, not nine confirmed discoveries or 10 producing wells. Likewise, RM500 million is the estimated investment attached to the plan, rather than a reported sum already spent.
The state also identified Miri, Samalaju, Bintulu and Kuching as gas-development hubs. That is a separate geographical list: Kuching’s inclusion as a hub does not put one of the announced onshore drilling areas in the city.
For Sarawak engineering, fabrication, maintenance and logistics firms, the ministry linked wider oil and gas development to potential work opportunities and local participation. Those prospects remain different from contracts already awarded; the update did not set out individual well start dates or tender openings.
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