Philippines: Tindalo well to be abandoned

By OGJ editors
– A group led by Nido Petroleum Ltd., Perth, will call off the Aquamarine Driller jack up after it abandons the Tindalo well on SC-54A in the Palawan basin off the Philippines.

The company said the decision is without prejudice to possible development of Yakal field, an option the joint venture is considering.

Tindalo began producing May 30, 2010, from a Miocene carbonate reservoir (OGJ Online, June 1, 2010). Water began encroaching within months, and workover operations ensued.

Nido Petroleum said in late December that Tindalo test results indicated that continued production from the field would be uneconomic. The group is deciding whether to demobilize production equipment from SC-54A or retain it for further work in the permit.

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...