The Philippine National Oil Company-Exploration Corporation (PNOC-EC) has discovered the country’s next major commercial natural gas supply at its Mangosteen project in Santiago City in Isabela. The news was revealed to the media by PNOC-EC chairman and former Manila mayor Gemiliano Lopez Jr.
According to PNOC-EC, the Mangosteen flared up which indicates a successful gas find, the incident happened at around 11:45 PM on Monday, June 29 2015.
The PNOC noted that they have already prepared a report about the good news and promptly relayed it to President Benigno Simeon Aquino III. The natural gas find in Isabela would complement the production of the Malampaya offshore project in Palawan which allows the country to supply additional cheap and clean energy to the people.
Based upon the PNOC-EC records the Mangosteen field-located 8 kilometers south of Santiago, Isabela-had a recoverable resources potential of 71-billion cubic feet of natural gas reserves that could contribute to 60 megawatts to the Luzon power grid for more than 15 years.
When compared to Malampaya project, the Mangosteen natural gas is slightly lower against the definitely much bigger Malampaya with its output of 3.7-trillion cubic feet of natural gas and 85-million barrels of condensate that can generate 2,700 MW until 2022.