Gulf Oil and Gas accountACCOUNT

Galoc Oil Field – Operations Update

Source: www.gulfoilandgas.com 5/13/2009, Location: Asia

Share |
Otto Energy has been advised by the field operator, Galoc Production Company WLL (GPC), that production from the Galoc oil field recommenced as of 1030hrs local time. Both Galoc 3 and Galoc 4 wells are on line and flowing with combined flow rate of approximately 13,000bopd.

Production has restarted following the reconnection of the FPSO ‘Rubicon Intrepid’ to its mooring and riser system approximately 6 days after shutting in and disconnecting during the passage of Severe Tropical Storm Emong. The mooring and riser systems were all inspected and integrity tested prior to the recommencement of production.

The Galoc Oil Field is located in SC14C off the west coast of Palawan in the Philippines. Otto holds a 31.38% shareholding in the Galoc Production Company (GPC) which has a 58.29% working interest in the licence and is Operator.

Subsea Production News in Philippines >>

Indonesia >>  2/2/2016 - Total has signed long-term liquefied natural gas (LNG) sale and purchase agreements with state-owned Indonesian company Pertamina for the supply of LN...
China >>  1/31/2016 - In China, November oil demand declined by around 0.15 mb/d, despite solid growth in gasoline and LPG. Oil demand was predominantly characterized by le...

India >>  1/30/2016 - The RBI kept the repo rate on hold at 6.75% at its December meeting. However, the policy statement was more aggressive than expected, with the bank re...
Russia >>  1/30/2016 - The economy shrank 4.15% y-o-y in the 3Q15. This was in line with preliminary estimates, following a 4.65% drop in the previous quarter, final figures...

Japan >>  1/28/2016 - Japanese oil demand decreased sharply in November by 0.23 mb/d, a decrease of more than 6% y-o-y, with all main petroleum product categories declining...
Iran >>  1/26/2016 - Saipem has entered into a Memorandum of Understanding (MoU) concerning potential cooperation on major pipeline projects in Iran. ...

Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


Philippines Oil & Gas 1 >>  2 |

More News

 

Oil & Gas Companies in Philippines >>


Related Links

AZ BD BN CN GE HK ID IN IR JP KG KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.