Production has begun from the first oil discovery to be declared commercial in the Philippines since offshore Galoc field, which came on stream in 2008 (OGJ Online, Oct. 30, 2008).
Onshore Algeria oil field started up at a combined rate of 360 b/d of oil from two wells in southern Cebu Island.
China International Mining Petroleum Co., a 51% subsidiary of Polyard Petroleum International Group Ltd. of Hong Kong, is the operator.
It has drilled six shallow appraisal wells since 2009 and plans to drill three development wells this year. The activity is in the southwestern Visayan basin on Service Contract 49 where earlier drilling had occurred with no commercial development.
Partners in SC49 are Skywealth Group Holdings Ltd. and Phil-Mar Energy International Ltd.