History of Oil & Gas
Brunei Darussalam has been known for its vast reserves of petroleum and
gas, which has fuelled the nation’s economy for the past 75 years and
more.
1899--Exploration started i with the first
recorded well drilled close to Brunei town, now known as Bandar Seri
Begawan. Enthusiasm was high and six companies were involved in the oil
search including Royal Dutch Shell, which started operations in 1913
after discovering the Miri field in Sarawak, Malaysia.
1918-- all other companies had pulled out except Royal Ducth Shell,
which continued to search and found some accumulation of oil and gas in
Labi, Belait in 1924. The find was too small to be commercialised.
1925--, the search shifted to the Seria, Belait coastal strip in the
west of the state and it was in 1929 when first commercial find was
made at Seria, Belait in1929 by the British Malayan Petroleum Company,
owned by Royal Dutch Shell, which was the forerunner to the present
Brunei Shell Petroleum Company Sdn Bhd (BSP).
For a long time, this onshore Seria oil field was
Brunei Darussalam’s only producing field despite some 48 exploration
wells being drilled between 1914 and 1960. It was developed further in
1940 and production had risen to 17,000 barrels per day. Despite
extensive damage to the field caused in World War II, post war
production peaked to 15,000 barrels per day.
1960--The breakthrough came in the 1960’s when technological advances made
offshore exploration feasible and the South West Ampa field was
discovered in 1963, thirteen kilometres off Kuala Belait.
1972--It was the discovery of the South West Ampa gas
field, which sparked plans for the Brunei LNG plant project. The Brunei
LNG plant began its operation in 1972 as one of the world’s first
large scale liquefied natural gas (LNG) plant on the coast of Brunei
Darussalam.
Setting new standards in engineering technology,
Brunei LNG proved that large quantities of gas could be liquefied
safely and shipped over long distances becoming a model for similar
ventures throughout the world.
1969--, a major discovery was found in the Fairley field which is close
to Ampa and in 1970, Champion was discovered about 70 kilometres
north-east of Seria. Two more oilfields were discovered namely the
Magpie which was found in 1975 and Rasau in 1979. These new oilfields
increased the production to 250,000 barrels per day at that time.
1991--A milestone was achieved in 1991 when the Seria
field produced its billionth barrel and a monument was built near the
original site of Well No. 1 to mark the achievement. The Billionth
Barrel Monument was officially opened by His Majesty Sultan Haji
Hassanal Bolkiah Mu'izzaddin Waddaulah, Sultan dan Yang Di-Pertuan
Negara Brunei Darussalam on 18 July 1991.
source: .bsp.com.bn
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