Filtech Energy Drilling Corporation (FEDCO)
is a newly organized energy company in the Philippines formed to cater to the needs of the expanding market in geothermal, oil, gas and water industry worldwide. It will explore, drill, develop, produce and supply energy sources to the market utilizing its vast and multifaceted experience honed from the Philippines. The company’s founding officers used to manage the PNOC-Energy Development Corporation (PNOC-EDC), the biggest geothermal company in the Philippines, with an installed capacity of nearly 1200 MW. Each of the officers has about 27-35 years of experience in geothermal development mostly in exploration, drilling, resource management and operations. At the helm of their stewardship of PNOC-EDC, 11 rigs simultaneously operated in various locations in the Philippines, drilling up to 44 wells in a year to depths of >3000 meters.
FEDCO has in its staff a pool of specialists in earth sciences (geologists, geophysicists, geochemists), engineering (well testing, reservoir, drilling, process design, mechanical, civil and structural), computer science and economic analysts. Most of the technical staff have advanced degrees in engineering and sciences with an average geothermal experience of 15 years. It has pooled a crew of experienced drilling personnel from Roughneck to Rig Manager, who had extensive local and oversees experience in offshore and onshore drilling. |
