DOE: 2 oil and gas service contractors complete 3D seismic survey

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The story "DOE: 2 oil and gas service contractors complete 3D seismic survey" was covered 14 hours ago by Business Mirror, a news publisher based in Philippines.

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DOE: 2 oil and gas service contractors complete 3D seismic survey - Business Mirror

Quick Summary:

THE Philippine National Oil Company-Exploration Corp.(PNOC-EC) and Israel-based Ratio Petroleum Ltd.have completed their respective 3D seismic surveys in the Northwest Palawan Basin and East Palawan Basin, respectively.

SC 57 covers 7,120 square kilometers in offshore Northwest Palawan, about 50 kilometers northwest of Busuanga.

The result of the surveys will determine the potential of oil and gas reserves in the basins over the service contract (SC) blocks 76 and 57.