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- W83441710 abstract "An extensive reevaluation of the petroleum potential of all sedimentary basins in the Philippine Archipelago was recently completed using World Bank funds. The study was conducted jointly by the technical staff of the Bureau of Energy Development (BED)/Philippine National Oil Company (PNOC) and senior consultants from Robertson Research, and Flower, Doery, Buchan Pty. Ltd., from 1983 to 1986. The joint team spent 2 1/2 years on the study and produced detailed reports and atlases, which constitute the most comprehensive basin analysis and petroleum potential assessment of the 13 major basins in the Philippines. Voluminous data available at the start of the project were supplemented by a countrywide aeromagnetic survey (216,000 km) and 9200 km of new marine seismic in 15 different areas. These surveys were also funded by the World Bank. The integration of all relevant geoscientific disciplines resulted in a better understanding of the geologic evolution of each basin and its bearing on the generation, migration, and entrapment of hydrocarbons. Many similarities and common characteristics were noted in the evolution and sedimentation of some basins. Play concepts have been developed and proposed for each basin, many of which are new plays that were not the objectives of previous exploration.more » The degree of exploration in these basins varies, and clearly, exploration activity has not reached a mature stage in any basin. Even where wells are numerous, many of them are old and shallow and of limited geologic value. Elsewhere, particularly offshore, there are large areas where no wells have been drilled. In conclusion, the bilateral cooperation between the Philippine government and the World Bank, particularly when exploration activity in the private sector was at a low level, proved most timely and beneficial.« less" @default.
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- W83441710 date "1986-07-01" @default.
- W83441710 modified "2023-09-27" @default.
- W83441710 title "Analysis of petroleum potential of Philippine sedimentary basins" @default.
- W83441710 hasPublicationYear "1986" @default.
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