Eric Watkins
Senior Correspondent
LOS ANGELES, Oct 10 -- Sabah Shell Petroleum Co. Ltd. reported that a Shell-Petronas Carigali-ConocoPhilips venture has discovered oil and natural gas on Malaysia's Block G, its third deepwater discovery off Sabah.
The Ubah-2 exploration well "encountered significant hydrocarbon columns in high-quality reservoir rock," Sabah Shell said. The discovery and an appraisal sidetrack were drilled to undisclosed depths in 1,430 m of water.
Block G interests are Shell Malaysia, Sabah Shell parent and operator, 35%, ConocoPhillips 35%, and Petronas Carigali 30%.
Contact Eric Watkins at [email protected].