MALAYSIAN FIELD OUTPUT PROJECTED

MALAYSIAN FIELD OUTPUT PROJECTED

An untapped oil field off the coast of Malaysia is likely to begin production in late 1990, according to an industry publication.

The Dulang oil field, in the South China Sea 78 miles off the Malaysian coast, is expected to produce about 67,000 barrels a day at peak production and will last about 17 years, according to Nada Petronas, a publication of the government-owned national oil company, Petronas.The US$389 million project will be run jointly by Petronas Carigali Pty. Ltd., a Petronas subsidiary, and Esso Production Malaysia Inc., a subsidiary of Exxon Corp. of the United States, which signed an agreement for the development and production of the oil field last month, the publication, released Sunday, said.

Under the agreement, Petronas Carigali will be the operator of the oil field, which is about 16 miles by 3.1 miles, the publication said.