RP oil wells increasing production

RP oil wells increasing production

MANILA (AFP): The Philippines' only commercially-producing oil site has increased production to 6,600 barrels per day (bpd) and hopes to be back to 7,500 bpd by the end of the month, Energy Undersecretary Rufino Bomasang said here yesterday.

The production site, in the West Linapacan field off the coast of the western island of Palawan, dropped production from 15,000 bpd to 3,500 bpd last year due to water intrusion. The consortium later flowed oil in a sidetrack well.

Bomasang said Alcorn (Production) Philippines Inc., the operator of the field, was limiting production to avoid drawing water into the well again, adding that if the company wanted to increase production drastically, it would have to drill more wells in the area.