Galoc Oil Field

Summary Information

• Operator: Otto
• Country: Philippines
• Location: 65km north west of Palawan
• Production start: 2008
• Partners:
• Type: Oil
• Estimated Reserves: 10 Million barrels
• Production Volume:

+++ Description

• The Galoc field is located in Service Contract SC14-C (Galoc Sub Block) in 290m of water approximately 65km north west of Palawan in the Republic of the Philippines.
• The development involves the construction of two subsea completed horizontal production wells, with extended reservoir contacts, tied back to the Rubicon Intrepid FPSO via a short seabed pipeline and mid water riser system
• Phase II development involves the drilling of two new wells

+++ Contractors

• **Rubicon Offshore:** Provision of FPSO
• **EMAS:** Subsea installation
• **Oceaneering:** Phase II drilling
• **DOF:** Phase II Installation

+++ History

• 1981 - The Galoc Field was discovered
• 1988 - Further appraisals undertaken
• 2007 - Otto acquired a stake in the project
• 2008 - First oil produced
• 2011 - Vitol sold its share in the field
• 2013 - KUFPEC acquires a stake in the field
• 2013 - Phase II drilling began

+++ Geology

+++ Links

1. Otto Completes Galoc Oil Field Transaction
2. Galoc Field Development – Completion of Subsea Installation
3. Rubicon Intrepid FPSO Arrives at Galoc Oil Field
4. Philippines Galoc Field Development – First Oil
5. Vitol Sells Its Interest In Galoc Production Company, Philippines, To Otto Energy Limited
6. Otto Energy welcomes KUFPEC to Galoc Joint Venture
7. 'Ocean Patriot' commences mobilising to Galoc Oil Field