First Oil Production at Galoc

October 13, 2008 Filed Under: Oil and Gas  

Nido Petroleum Ltd (Nido) announce that oil production has commenced from the Galoc oil field, offshore Palawan Island in the Philippines. Oil production commenced on 9 October 2008. Oil is now flowing to the FPSO ‘Rubicon Intrepid’. Ms. Joanne Williams, Nido’s Deputy Managing Director, said “We at Nido have been patiently working towards this day since 2004 and I am very proud... 

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Firm to start drilling in Galoc oil prospect

August 6, 2006 Filed Under: Mining Services, Oil and Gas  

Australian firm Nido Petroleum Ltd. has announced that it is set to kick off drilling for the Galoc oil field development prospect in northwest Palawan; with the first oil yield expected fourth quarter 2007. The company has secured rig contract for the drilling of three wells, which will consist of two firm wells and an option well. The Galoc development wells will be drilled using Energy Searcher,...