Asset Report
SC 38 (Malampaya/Camago)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The key Malampaya gas field fuels around 20% of Luzon's power generation. Malampaya's importance as an energy source is further heightened by it being the only onstream gas field in the Philippines. The area covered by Service Contract 38 (SC38) contains the gas, condensate, and oil discoveries of Malampaya, Camago, and San Martin. In 1997 and 1998, gas sales and purchase agreements (GSPAs) with National Power Corporation (NPC) and First Gen enabled the development of the country's first, and so far the only major gas project. Under Shell's operatorship, the deep water Malampaya field was developed via subsea completions tied back to a processing platform in shallow water. Gas is exported via a 504 km subsea pipeline to a gas processing plant at Tabangao, Batangas in South Luzon. An onshore gas transmission system routes the gas from Tabangao to multiple gas-fired power plants.
Table of contents
- Summary
- Key Issues
-
Malampaya-Camago
- Original participation - Occidental and Shell
- Chevron and PNOC farm-in
- Chevron divests to Udenna Corporation
- Shell divests to Prime Energy
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Camago-Malampaya Oil Leg (CMOL)
- Historical participation
- Planned activities
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Historical activities
- Phillips Petroleum
- Occidental
- Shell
- Malampaya discovery
- Post-1995 activities
- Post-1995 activities - Camago-Malampaya oil leg (CMOL)
- 2000-2009 - Phase 1
- 2010-2019 - Phase 2 and 3
- 2 more item(s)...
- Emissions
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Key development metrics
- Wells
- Offshore facilities
- Initial development
- Phase 3
- Phase 4
- Onshore gas plant
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Development history
- Phase 1
- Gas/Condensate
- Oil
- Phase 2
- Phase 3
- Maintenance contracts
- Offshore Gas
- Onshore Gas
- Condensate
- 11 more item(s)...
Tables and charts
This report includes the following images and tables:
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Index MapDetail MapParticipation
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Operating Costs 2026 to 2033 (US$ million)Annual Gas Prices - Post-2027 prices and Santa Rita and San Lorenzo pricesAnnual Gas Prices - Avion and San Gabriel up to 2027Reserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2016-2025)Production ProfilePipeline Summary
- 8 more item(s)...
What's included
This report contains:
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