Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Gas2Grid Successfully Drills Malolos Well

change text size

Gas2Grid reported that oil-bearing sandstones were successfully perforated at the Malolos-1 well in Service Contract 44 onshore Cebu, Philippines. The operator will flow test the sandstones during the next couple of days to determine its commercial vitality.

The operator has already performed testing and work over operations in the lower oil-bearing sandstone. The gathered samples are currently being analyzed.

"The test results to date have been very encouraging with both oil and associated gas having been produced to surface from the 29-foot thick sandstone," said Dennis Morton, Gas2Grid's managing director.

Testing has revealed that lower oil sandstones are capable of oil production, he added. Once the analysis is concluded, the consortium will determine the field's development plan.

Malolos-1, drilled in 1960, is located onshore central Cebu and situated about 31 miles west of Cebu City. The discovery well was drilled to a total depth of 9,016 feet, targeting Tertiary-age sandstone reservoirs. 

Gas2Grid wholly owns and operates the service contract which spans 185,329 acres. The service contract calls for the operator to drill three additional exploration wells before the contract term ends.

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.


Most Popular Articles
From the Career Center
Jobs that may interest you
QC Technician
Expertise: QA / QC / Inspection, Rig Instrument Tech
Location: Houston, TX
 
Deepwater Drilling and Completions Supervisor
Expertise: WellSite Supervisor, Workover or Completion
Location: Houston, TX
 
Drilling Engineer, Onshore
Expertise: Drilling Engineering
Location: Houston, TX
 
search for more jobs