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Service Contract No. 53  -  (Onshore Mindoro)

 

(text taken from 2009 Annual Report)

 

During the first quarter of 2009, block Operator Pitkin Petroleum continued with the interpretation of the acquired magneto-telluric partial data for the 68 stations covered by the survey, the results of which were incorporated in the design of the planned 2D seismic acquisition earlier set for April 2009.  For the seismic survey, tenders were sent out as early as late 2008, the received bids were evaluated and a geophysical contractor, the Chinese geophysical contractor BGP, was selected. 

 

In April 2009, Pitkin Petroleum requested for the extension of Sub-Phase 1 for Pitkin to acquire its onshore seismic commitment for SC 53.  In response to Pitkin’s request, the DOE merged the first 2 sub-phases to form a new Sub-Phase 1 (July 2005 to March 2011) with the work commitment of minimum 200 line-km 2D seismic acquisition and drilling of one well.  The new Sub-Phase 2 will be for the period March 2011 to July 2012 with a commitment to drill 2 wells.   The DOE likewise increased the Onshore Mindoro Block area from 600,000 hectares to 734,000 hectares. 

 

Pitkin’s seismic acquisition program which was originally scheduled to commence in April was deferred to November when weather conditions are more favorable for onshore seismic acquisition.  Actual recording started at the San Jose Area in late November 2009.  BGP finished the last production shot on May 12, 2010, thereby completing the 200 line-kilometers programmed to be acquired.  They have likewise sent out tenders for the processing of the acquired seismic data set.

 

 

 

 

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