Nido Petroleum Ltd (Nido) provides update on the development of the Galoc oil field, offshore Palawan Basin, The Philippines. The Galoc wells are being drilled using a ‘batch’ programme. The top hole sections for both development wells have now been drilled, and the pilot hole and Galoc 4 have also been completed.

Drilling of the Galoc 3 production well is ongoing. As with Galoc 4, this new well will have a 1600 metre horizontal section to maximise intersection of the oil column. During the past week the 9.625 inch casing was run in hole and cemented in place. Drilling of the 8.5 inch horizontal production section through the reservoir is underway and has reached a total depth of 3,460 metres along hole.

As per the programme, Galoc 4 horizontal production well has been drilled to total depth and suspended following liner installation. The well will be completed and flow tested in batch mode along with Galoc 3 in January 2008.

Following casing of the current hole section, the 8.5 inch horizontal production section will be drilled 1600m through the reservoir. A 5.5 inch predrilled liner will then be run, production tubing and a subsea tree installed and both Galoc 3 and 4 will then be flow tested.

Tags: Nido Petroleum Limited