Philippines: World Oil Report 1991
- AFKA Co., PTE Ltd. (SG)
This paper reports on the discovery of a major oil field in the West Linapacan area, plus encouraging signs from the Calauit 1B, both offshore Palawan, that have prompted foreign and local firms to increase exploration activity, which should result in the drilling of 22 wells this year, compared to only seven during 1990. The West Linapacan well is reported to have potential recoverable reserves of 109 million bbl, and a consortium led by Alcorn (Production) Philippines plans a two-phase development of the discovery, beginning with two or three follow-up wells. These will be part of the seven additional wells the Office of Energy Affairs has approved for 1991 or early 1992. The OEA expects production from West Linapacan to start by 1992 at an initial rate of 15,000 to 20,000 bopd.
- OSTI ID:
- 5800811
- Journal Information:
- World Oil; (United States), Vol. 212:8; ISSN 0043-8790
- Country of Publication:
- United States
- Language:
- English
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OIL FIELDS
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