Petronas has commenced first production from the cluster of the Kapal, Banang, and Meranti fields (KBM). Production started on December 16, 2013, under a risk service contract. The initial production rate of the cluster averaged more than 10,000 barrels per day (bpd), with a peak of 13,000 bpd. Houston-based Coastal Energy is developing the KBM cluster in collaboration with Petra Energy. This eight-year development project began in mid-2012.
