Philippines: Leyte prospect eyed for drilling

By OGJ editors
– A joint venture led by a unit of Otto Energy Ltd., Perth, has secured a rig to drill the Duhat-1 exploratory well in Service Contract 51 onshore northwestern Leyte in the east-central Philippines.

DESCO Rig 1 will drill the land prospect to 1,000 m to test the oil potential of Miocene Tagnocot limestones and sandstones on the San Isidro anticline. The well is expected to spud in March 2011. Prognosed source is Upper Oligocene Taog shale.

Numerous old wells exist in the area, but Otto Energy said Duhat-1 will be the island’s first valid structural test in an area of documented oil seeps.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...