Presentation is loading. Please wait.

Presentation is loading. Please wait.

Philippine Energy Contracting Round 2005

Similar presentations


Presentation on theme: "Philippine Energy Contracting Round 2005"— Presentation transcript:

1 Philippine Energy Contracting Round 2005
Department of Energy 31 August 2005

2 UPSTREAM PETROLEUM

3 Petroleum Service Contracts Prior to Supreme Court Reversal on the
Unconstitutionality of the Mining Act of 1995 6 - GEOPHYSICAL SURVEY & EXPLORATION CONTRACTS 9 - SERVICE CONTRACTS

4 Petroleum Service Contracts as of Today: 1 – GEOPHYSICAL SURVEY
EXPLORATION CONTRACT 21 – SERVICE CONTRACTS

5 PROSPECTIVITY OF SERVICE CONTRACTS
Production Previous Production and Planned for Reopening Discoveries but not Produced Drilled Prospects but no Discoveries Detailed Seismic but not Drilled Reconnaissance Seismic & Geophysical Data with no Drilling Little Geophysical & Geological Data

6 SERVICE CONTRACT CLASSIFICATION
L E G E N D : 1 – with production with drilled prospects but no discoveries 2 – with previous production & planned for reopening – with detailed seismic survey but not drilled 3 – with discoveries but not produced – with reconnaissance seismic & geophysical data with no drilling 7 – with little geophysical & geological data

7 SERVICE CONTRACTS WITH PRODUCTION

8 SERVICE CONTRACTS WITH PREVIOUS PRODUCTION AND PLANNED FOR REOPENING

9 SERVICE CONTRACTS WITH DISCOVERIES
BUT NOT PRODUCED

10 Areas on Offer Area 1 Southwest Palawan Area 2 & 3 East Palawan
Area Sulu Sea Map showing the current petroleum activities in the Philippines. As of to date, the Philippines has 20 Service Contracts (SCs; shown in RED) with ongoing exploration and production phases and 1 Geophysical Service Contract (GSEC; shown in BLUE) in the Reed Bank region that recently conducted a 3D seismic data acquisition. The four petroleum areas offered in this bid round (shown in ORANGE) cover offshore regions in the South China Sea and the Sulu Sea.

11 GEOTHERMAL

12 GEOTHERMAL PERFORMANCE

13 Geothermal Reserves and Installed Capacities
Possible reserves 1,990 MWe Probable reserves MWe Proven reserves 1,850 MWe Installed capacity 1,931 MWe Annual generation (2004) 10,280 GWh Total no. of GSC 9 Total producing fields 6 Target capacity addition MW

14

15

16 COAL

17 Historical Performance
Coal Industry Historical Performance Million Metric Ton

18 Coal Reserves and Annual Production
In-situ coal reserves MMMT Mineable reserves* MMMT Annual production (2004) MMMT Total Explo COC 15 Total Dev’t./Prodn COC 19 Total SSCMP 39 Target annual production 6 MMMT by 2014 * Computed using extraction factor for applicable mining method

19

20 COAL IMPORT- PRODUCTION RATIO
2004

21

22 CONCLUSION So what are we waiting for… Be our partner towards energy
We have gas. We have geothermal and coal. We have domestic market for all. So what are we waiting for… Be our partner towards energy independence in the Philippines!

23 Philippine Energy Contracting Round 2005
Thank you Department of Energy 31 August 2005


Download ppt "Philippine Energy Contracting Round 2005"

Similar presentations


Ads by Google