The energy development unit of the Philippine National Oil Co. (PNOC) plans to use a new technology that will allow the development of acidic wells for electricity generation.

The energy development unit of the Philippine National Oil Co. (PNOC) plans to use a new technology that will allow the development of acidic wells for electricity generation.

Paul Aquino, president of PNOC-Energy Development Corp., said the company will develop a homegrown technology this year allowing the exploration of acidic wells to source steam for the production of electricity.

This technology, which the PNOC-EDC wants developed by the end of 2006, will pave the way for the use of more geothermal fields in the country.

Aquino said PNOC-EDC plans to use the geothermal field in Biliran for its first acidic well.

He said existing technologies only allow the exploration of geothermal steam from neutral wells, which are very few.

Neutral wells are developed from volcanic fields considered dead for more than two million years.

‘This is a very big experiment but once developed, it will allow us to explore more,’ Aquino said.

In another development, the PNOC-EDC will serve as a subcontractor for the exploration, drilling and reservoir management for a huge oil and gas project in the Middle East.

Aquino said an Australian firm, serving as the major contractor for the project, has chosen PNOC-EDC as sub-contractor for the geothermal project.

Source : www.abs-cbnnews.com