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December 2, 2021updated 27 Apr 2022 12:18pm

Malampaya Conventional Gas Field, Philippines

By Carmen

Malampaya is a producing conventional gas field located in deepwater in Philippines and is operated by Shell Philippines Exploration. The field is located in block SC 38, with water depth of 2,746 feet.

Field participation details

The field is owned by Shell, Udenna and Philippine National Oil.


Production from Malampaya

The Malampaya conventional gas field recovered 89.49% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 10.97 thousand bpd of crude oil and condensate and 426 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2028. The field currently accounts for approximately 97% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 59.59 Mmboe, comprised of 17.63 Mmbbl of crude oil & condensate and 251.71 bcf of natural gas reserves. Malampaya conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.


About Shell Philippines Exploration

Shell Philippines Exploration BV (Shell Philippines Exploration) is a company that provides energy and petrochemicals. The company is headquartered in Taguig, Philippines.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

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