ConocoPhillips’ upstream involvement in Malaysia began in 2000 and presently consists of interests in three deepwater blocks off the eastern Malaysian state of Sabah: Block G, Block J and the Kebabangan (KBB) Cluster. These three blocks include eight discovered fields in various stages, ranging from appraisal to development execution.
Exploration and Business Development
- Malikai, Ubah and Pisagan
Operator: Shell (35.0%)
Co-venturers: ConocoPhillips (35.0%), PETRONAS (30.0%)
The Malikai-1 and the Ubah-2 exploration wells were drilled in Block G in 2004 and 2005, resulting in oil discoveries. An additional oil discovery was made on the block with the Pisagan-1A well in 2005. The Malikai discovery was appraised in 2005 and 2006, and development planning and front-end engineering are under way. Successful appraisal wells were completed on Ubah in 2008 and 2010.
- Siakap North-Petai (SNP)
Operator: Murphy (32.0%)
Co-venturers: PETRONAS (26.0%), ConocoPhillips (21.0%), Shell (21.0%)
The Petai-1 well was drilled in 2007, resulting in an oil discovery, with additional drilling completed in 2008. Unitization of Petai and the Siakap North Field in Block K was completed in 2011, with ConocoPhillips holding a 21 percent initial interest in the unit. Development of Siakap North-Petai is currently under way with first production expected in 2013.
Operator: Shell (33.0%)
Co-venturers: ConocoPhillips (33.0%), PETRONAS (20.0%), Murphy (14.0%)
The Gumusut-1 well was drilled in 2003 and resulted in an oil discovery. The field was successfully appraised in 2004 and 2005 and field development has commenced with first production expected in late 2012.
Operator: Shell (40.0%)
Co-venturers: ConocoPhillips (40.0%), PETRONAS (20.0%)
Appraisal of the Limbayong gas field is planned for 2013.
Kebabangan (KBB) Cluster
- Kebabangan, Kamunsu East and Kamunsu East Upthrown Canyon
Operator: Kebabangan Petroleum Operating Company
Co-venturers: PETRONAS (40.0%), ConocoPhillips (30.0%), Shell (30.0%)
The Kebabangan Cluster PSC was signed in 2007 for appraisal and development of the Kebabangan, Kamunsu East and Kamunsu East Upthrown Canyon gas and condensate fields. A joint-operating company, Kebabangan Petroleum Operating Company, has been established to serve as operator. Development of the Kebabangan Field was sanctioned in early 2011, and first production is targeted for 2014. Appraisal of the Kamunsu East Field is planned for 2013.