WHAT 22 DECEMBER MEANS FOR MIRI

lauhsion73 1:28 AM
WHAT 22 DECEMBER MEANS FOR MIRI
       22 December is the most significant date for Miri. Exactly 108 years ago, Miri Well No. 1 on Canada Hill struck oil!
       Affectionately known as the Grand Old Lady, the wooden derrick erected at 79m above sea level began to produce an initial 83 barrels per day under the laborious cable tool method – a system used by the Chinese as early as 221AD to trap underground salt.
       The oil find subsequently lifted a small fishing village on the coast of Sarawak into the spotlight to become the oil town of Borneo.
       In fact, oil has a long history in Sarawak. From the 11th century, petroleum was reported among Chinese imports from Sarawak, produced from hand-dug wells in Miri. The oil, which seeped out from the ground was called “minyak tanah” by the local population.
       In 1882 the Resident of the fourth Division by the name of Mr de Crespigny reported 18 hand-dug oil wells in Miri. Charles Hose in 1888 began mapping oil seeps in Miri and brought oil samples to the attention of the Royal Dutch/Shell Group. The first Sarawak Oil Mining Lease was signed in 1909 by the Rajah in London.
       The first exploratory well was on a hill in Miri in 1910 worked by a few Canadians giving rise to the name “Canada Hill”. The well struck light crude at a depth of 425 ft. on 22nd December 1910, and generated 80million barrels of oil for 61 years.
       Canada Hill oil field was closed on 31st October 1972 and today, the Grand Old Lady stands as testament and monument to the opening chapter of the oil and gas industry in Sarawak.
       SARAWAK HOLDS 23% OF MALAYSIA’S OIL RESERVES AND 46% OF GAS RESERVES
       SARAWAK OIL IS THE MOST SOUGHT AFTER AND MOST EXPENSIVE IN THE WORLD.
       SARAWAK CAN PRODUCE UP TO 850,000 BOE IN ONE SINGLE DAY!