Asset Report
SC 38 (Malampaya/Camago)
Report summary
The area covered by Service Contract 38 (SC 38) contains the gas, condensate and oil discoveries of Malampaya, Camago and San Martin. In 1997 and 1998, Gas Sales and Purchase Agreements (GSPAs) were signed with National Power Corp and First Gas Holdings, leading to the development of the country's first major gas project. The Malampaya field, which is located in deep water, has been developed via subsea completions tied back to a processing platform in shallow water. Gas is exported ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Well data
-
Exploration
- Future exploration
- Legacy exploration
- Phillips Petroleum
- Occidental
- Shell
- Malampaya discovery
- Further exploration
- Camago-Malampaya oil leg (CMOL)
-
Reserves and resources
- Current license period
- Sub-commercial discoveries
-
Production
- Gas
- Liquids
- Emissions
-
Development
-
Key development metrics
- Wells
- Offshore facilities
- Onshore gas plant
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Development history
- Phase 1
- Phases 2 & 3
- Maintenance Contracts
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Key development metrics
-
Infrastructure
- Offshore Gas
-
Onshore Gas
- Existing pipelines
- The BatMan pipeline
- Condensate
-
Costs
- Exploration Costs
- Capital Costs
-
Sales contracts
- NPC
- Industrial and transport
- Santa Rita and San Lorenzo
- Avion and San Gabriel
- Gas price
- Banked gas
- BatMan pipeline
- Previous sales efforts
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Fiscal and regulatory
- Other Assumptions
-
Economic assumptions
- Cash Flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas Price
- Global Economic Model (GEM) file
-
Economic analysis
- Cash Flow
Tables and charts
This report includes 26 images and tables including:
- Key facts: Table 1
- Index Map
- SC38 Map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production: Table 2
- Condensate Production and Sales Gas Profiles
- Infrastructure: Table 1
- Costs: Table 1
- Costs: Table 2
- Operating Costs
- Sales contracts: Table 1
- Sales contracts: Table 2
- Sales contracts: Table 3
- SC38 (Malampaya-Camago)
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining Present Value Price Sensitivities
What's included
This report contains:
