In early 2010, block operator Pitkin Petroleum reported the completion of all the geological and geophysical aspects of their evaluation of the West Linapacan block. Since then, the operator started developing an engineering and construction concept for the West Linapacan Field development, including well drilling strategies. Because the West Linapacan Field is expected to be highly fractured, as confirmed from the previously produced wells, Pitkin was looking at drilling sub-horizontal section/s that will follow fracture trends that will yield optimum flow. For the production facilities, Pitkin initially proposed to put up a turret-mounted storage vessel with onboard processing facilities. They have likewise prepared a preliminary costing for the well construction, field development and production facilities.
During the third quarter of 2010, Pitkin continued with their re-evaluation of the West Linapacan structure, focusing on the ramification of the interpreted horizons of interest, reservoir modeling and volumetric estimates. They have likewise updated their cost estimates for field development, incorporating current costs of equipment and services. Philodrill is carried in all of the G&G activities as well as in the drilling of a development well up to first oil. |
