Philippines Hawkeye-1 disappoints

摘要

Otto Energy reports that the Hawkeye-1 exploration well in the Palawan Basin offshore the Philippines encountered hydrocarbons but at “the very low end of expectations”. The well was drilled to the planned total depth of 2,920m (9,581ft). The top reservoir was intersected at 2,710m (8,892ft). “Hydrocarbons were logged between 2,710m (8,892ft) and 2,737m (8,980ft) in reservoir of variable quality and cutting returns provided indications of fluorescence, usually an indi- cator of liquid hydrocarbons. Below 2,737m (8,980ft) water was inferred from log observations in a reservoir sequence of good quality,” said Otto.