Country Report

Philippines upstream summary

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01 April 2019

Philippines upstream summary

Report summary

Shell-operated field Malampaya is the sole gas producer - Malampaya gas is exported to a processing plant at Tabangao, Batangas in South Luzon, and then routed to five gas-fired power plants. As domestic gas continue to deplete, the Philippines is looking at a coal-dominated energy industry. This is expected to last until LNG enters or exploration finds more indigenous gas.Oil fields are aging and production is declining - Oil producing fields Galoc, Matinloc, Nido are entering the final ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
    • NOCs
    • Majors
    • Other companies
    • Introduction
    • North Palawan-Mindoro Basin
    • Southeast Luzon Basin
    • Visayan Basin
    • Sulu Sea Basin
    • South Palawan Shelf - Reed Bank
    • Agusan-Davao Basin
    • Licensing
      • Licensing and bidding process
      • Future licensing activity
      • Historical licensing activity
      • 1970-1980s
      • 1990s
      • 2000-2005
      • 2006-2007
      • 2008-2010
      • 2011-2017
    • Drilling
      • Drilling activity
      • Future drilling activity
      • Historical drilling activity
      • 1980-2000
      • 2001-2006
      • 2007-2011
      • 2012-2014
      • 2015-2018
      • Success rates
    • Commercial volumes
    • Sub-commercial volumes
    • Oil/Liquids
    • Gas
    • Gas infrastructure
      • Gas pipelines
      • LNG regasification terminals
    • Liquids Infrastructure
    • Regulatory body
    • State oil company
    • Licensing
      • Service Contracts (SC)
      • Exclusive Geophysical Survey and Exploration Contracts (GSEC)
      • Non-exclusive Geophysical Permit
    • Overview
      • Upstream
      • Mid/Downstream
      • Pipelines
      • Gas Utilisation
    • Current fiscal terms
    • Service Contracts
      • Bonuses, rentals and fees
      • Signature bonuses
      • Production bonuses
      • Training Fees
      • Other bonuses and fees
      • Indirect taxes
      • Royalty and other production taxes
      • Contractor Revenue Entitlement
      • Product Pricing
      • Liquids Pricing
      • Natural Gas Pricing
      • SC Cost Recovery
      • SC Profit Sharing
      • Corporate (or Petroleum) Income Tax
      • Additional Profits Taxes
      • Fiscal/Contractual Ring-fences
      • PECR-5
      • Sample Cash Flows
    • Historical background
      • 2000s

Tables and charts

This report includes 26 images and tables including:

  • Key facts: Table 1
  • Country Map
  • Remaining Commercial and Technical Reserves at 01/01/2019
  • Liquids and Gas Production 2019
  • Net Acreage 2019
  • Map of Principal Sedimentary Basins of Philippines
  • Blocks Awarded
  • Reserves and resources: Table 1
  • Remaining and Produced Liquids and Gas Reserves
  • Remaining Oil, Other Liquids and Gas Reserves
  • Production: Table 1
  • Production: Table 2
  • Liquids Production
  • Production: Table 3
  • Production: Table 4
  • Sales Gas
  • Philippines Infrastructure Map
  • Drilling Activity by Well Type
  • Contingent and Commercial Success Rates
  • Infrastructure: Table 1
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2
  • Fiscal terms: Table 3
  • Fiscal terms: Table 4
  • Fiscal terms: Table 5
  • Fiscal terms: Table 6

What's included

This report contains:

  • Document

    Country Overview

    PDF 3.01 MB

  • Document

    Country Overview

    XLS 316.50 KB

  • Document

    Country Overview

    ZIP 2.94 MB

  • Document

    Executive summary

    PDF 695.52 KB

  • Document

    Key facts

    PDF 684.87 KB

  • Document

    Location maps

    PDF 1.43 MB

  • Document

    Geology

    PDF 1.44 MB

  • Document

    Exploration

    PDF 754.09 KB

  • Document

    Reserves and resources

    PDF 733.56 KB

  • Document

    Production

    PDF 723.65 KB

  • Document

    Infrastructure

    PDF 1.31 MB

  • Document

    Policy and regulation

    PDF 697.15 KB

  • Document

    Fiscal terms

    PDF 736.85 KB

  • Document

    Key companies

    PDF 726.96 KB

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