Galoc Oil Field
The Galoc Oil Field is situated in the Palawan basin (adjacent to the Shell-operated Malampaya field) 60 km offshore in water depth of 290–400m. Tamarind owns 55.88% equity and operatorship of the field.
Galoc has been in production since 2008 and has yielded nearly 20 MMbbls of oil since then. There are 4 producing wells that flow into FPSO Rubicon Intrepid which has 450,000 barrels of storage capacity. Tamarind is working to bring to life the field life extension and production optimization projects since the August 2018 acquisition of Galoc.
The field is operated by a dedicated team working out of Manila. They have been with the asset for many years and the field's excellent operational performance demonstrates their expertise.
Galoc has been in production since 2008 and has yielded nearly 20 MMbbls of oil since then. There are 4 producing wells that flow into FPSO Rubicon Intrepid which has 450,000 barrels of storage capacity. Tamarind is working to bring to life the field life extension and production optimization projects since the August 2018 acquisition of Galoc.
The field is operated by a dedicated team working out of Manila. They have been with the asset for many years and the field's excellent operational performance demonstrates their expertise.
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