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3. Visayan-Samar Basin
Covers an area of about 80,000 km sq km in central Philippines.
It is defined by a series of north to northeast-trending narrow troughs of varying
sizes, depths and sediment thickness.
Sixty percent of the basin lies offshore.
Cenozoic sediments consist of a multi-cyclical, Upper Oligocene to Holocene
clastic carbonate sequence deposited in transitional to bathyal environments.
The basin is considered a backarc basin.
The Oligocene to Lower Miocene carbonaceous shales have good potential to
generate oil with gas.
Upper Oligocene to Upper Miocene reefal limestones, dolomites and sandstones
of various facies like turbidites and shallow marine types provide potential
reservoirs.
4. Sulu Sea Basin
The basin has an area of 60,000 sq km and includes parts of the continental
shelf and slope of Northeast Borneo, Malaysia. The southwestern edge of the
basin lies partly in Malaysian territory.
The Balabac and Bancauan sub-basins are forearc basins, which contain mostly
Paleogene to Neogene shallow to deep marine clastics of over 5 km and 3 km
thickness, respectively.
The Sandakan Sub-Basin contains over 9 km-thick Neogene fluviodeltaic clastics
with minor reefal limestones, superimposed on backarc-deposited, deep marine
sediments of Paleogene age.
Proven reservoir rocks are Miocene deltaic sandstones in the Sandakan sub-
basin and Upper Miocene deep marine sandstones in the Balabac sub-basin.
6. Agusan-Davao Basin
This basin is a north-south trending asymmetrical trough covering 18,000 sq km
in eastern Mindanao of which 70% of the basin lies onshore.
Basin fill consists of a Cenozoic mixed clastic-carbonate sequence deposited in
mostly shallow marine to transitional environments.
The basin is considered a forearc basin.
Deformation is mainly controlled by convergent shearing associated with the
Philippine Fault System.
Proven reservoir rocks are Upper Miocene to Pliocene turbidite sandstones.
7. Cotabato Basin
This basin is northwest-trending trough in south-central Mindanao with an areal
extent of at least 5,500 sq km.
The basin lies almost entirely onshore.
The principal basin consists of Holocene mixed clastic carbonate fill representing
shallow to deep marine facies.
Deformation patterns are mostly related to arc-arc convergence in the eartern
margin.
The basin is considered a backarc basin.
No potential source rocks have been identified in the area although several oil
seeps and oil gas shows imply the presence of mature source rocks in the
subsurface.
Potential reservoir rocks are predominantly shallow marine sandstones.
8. Cagayan Basin
It is a north-south trending asymmetrical trough covering 28,000 sq km of
northeast Luzon.
Eighty percent of the basin lies onshore.
The 9-km thick trough fill consists essentially of an Upper Oligocene to Holocene
mixed clastic-carbonate sequence representing shelf, slope and basin facies.
The basin is considered a backarc basin.
Proven reservoir rocks are Miocene reefal carbonates and shallow marine
sandstones, both of which are gas-bearing.