SHELL TESTS SIGNIFICANT STRIKE OFF PHILIPPINES' PALAWAN ISLAND

Shell Philippines Exploration BV has tested a significant oil and gas/condensate discovery off Philippines. Shell's 1 Malampaya wildcat on 695,000 acre Block SC38, about 35 miles off Northwest Palawan Island, flowed at a combined rate of 12,623 b/d of oil and 8.9 MMcfd of gas on tests of two zones totaling 164 ft out of an estimated 472 ft gross oil column in Miocene carbonate reef. The well is a joint venture of Shell and Occidental Philippines Inc.

Jun 8th, 1992
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