PNOC Exploration Corporation’s presence in the Philippine petroleum industry spans over 30 years, with its role evolving from that of a catalyst and promoter of local petroleum exploration to that of an aggressive operator or active partner in several onshore and offshore exploration blocks. PNOC EC is either the operator or partner in eight petroleum service contracts covering an aggregate area of 57,630 km2, currently the largest exploration acreage holding in the Philippine oil and gas sector. Our strong acreage position presents a high quality distinct portfolio of opportunities to potentially increase the oil and gas resource base of the Philippines.
SC 37 – Cagayan
Project Description: SC 37 was awarded by the Department of Energy (DOE) to PNOC EC on 18 July 1990, originally covering an area of 2,200 sq. km. In 1997, it entered into a twenty-five (25) year production period when the San Antonio Gas Field …
SC 57 – Calamian
Project Description: SC 57 was awarded to PNOC EC on 15 September 2005. It covers a total area of 7,200 sq. km. in offshore Northwest Palawan and is situated around fifty (50) kms. northwest (NW) from the north-westernmost tip of Busuanga Island…
SC 58 – West Calamian
Project Description: SC 58 was awarded to PNOC EC on 12 January 2006. It is a deep water acreage covering an area of 13,440 sq. km. west of SC 57 and SC 38 in the offshore Northwest Palawan.
Nido Petroleum Ltd. of Australia farmed-in into SC 58 in 2006 and acquired 50% participating interest and operatorship of the block.