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Gumusut-Kakap Deepwater Oil and Gas Project

Posting Date: 17/Feb/2021

Deepwater Oil and Gas Project

The Gumusut-Kakap project includes the joint development of two ultra-deep water discoveries, Gumusut and Kakap.

The fields are located within blocks J and K, about 120km offshore from Sabah, Malaysia. Water depth is in the region is 1,200m (3,937ft). Sabah Shell was the operator of Gumusut, and Murphy Oil operated the Kakap field. Development of the two fields was combined under an unitisation agreement signed by the partners in 2006.

A final investment decision on the project was taken in January 2008. Sabah Shell is the operator of the project and holds a 33% interest. Partners include ConocoPhillips Sabah (33%), Petronas Carigall (20%) and Murphy Oil (14%). The first production was achieved in October 2014. An average production of 135,000 barrels a day is expected from the project. Deepwater projects such as Gumusut-Kakap are critical to Malaysia. Crude oil output from maturing fields is on the decline and is expected to last only for the next 20 years. Undiscovered resources in Malaysia are estimated to amount to ten billion barrels of oil, of which 65% are deepwater discoveries. Focus on deepwater projects is therefore increasing. The only deepwater project to have been brought on stream to date in Malaysia is the Kikeh project in 2007.

Project Information

Sabah, Malaysia

Other Information

Investors: Shell (33%) . ConocoPhillips Sabah (33%), Petronas Carigall (20%), Murphy Oil (14%).
Date: Jan/2008 - Oct/2014
Status: Completed - Operational
Operators: Shell
Operators: MISC Berhad, FMC Technologies, Malaysia Marine and Heavy Engineering, Atwood Oceanics, JP Kenny, Sapura Acergy, Technip Geoproduction