Hibiscus Petroleum has updated progress on production improvement measures at the North Sabah production-sharing contract offshore Malaysia.
Last month operator Petronas submitted its development plan for the St Joseph infill drilling project. This will involve drilling three infill producer wells using a triple splitter wellhead on the St Joseph Jacket-A (SJJT-A) platform.
The program should lift oil production by around 2,600 b/d at peak and will necessitate only minimal modifications to the platforms topsides facilities at the SJJT-A platform.
Hibiscus estimates total capex for the project at RM142.5 million ($34.3 million). Drilling is due to start next April followed by first oil in June 2019.
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