Shell Makes Discovery Offshore Sabah Malaysia

Sabah, Malaysia Deepwater Blocks
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Sabah Shell says that a Shell-led joint venture of Petronas Carigali and ConocoPhillips has made another material oil and gas discovery with their recent Ubah-2 exploration well, located in Deepwater Block G, in waters offshore northwest Sabah, Malaysia.

The Ubah-2 exploration well encountered significant hydrocarbon columns in high-quality reservoir rock. The discovery well and an appraisal sidetrack were drilled in a water depth of 1430 meters.

Datuk Jon Chadwick, Chairman of Shell Malaysia, said: "The Ubah discovery is a positive achievement for Malaysia and for the joint venture partners. Shell and its partners are pursuing a business growth strategy that contributes to Malaysia's economy. The deepwater discoveries we are making offshore Sabah are key cornerstones of this strategy."

Wouter Hoogeveen, Shell's Vice President Exploration Asia Pacific, added: "We are delighted with our third successive deepwater discovery in Sabah. We continue to focus on the delivery of new material discoveries, whilst pursuing rapid appraisal and development of these new fields."

The joint venture partners in Block G are Shell Malaysia (35% equity), ConocoPhillips (35%) and Petronas Carigali (30%). Shell Malaysia is the operator of the Block on behalf of this partnership.

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