Companies in FEDCO’s list of clients include
ISlenskar ORkurannsoknir (ISOR) of Iceland as a partner in the conduct of Drilling Course for Pertamina personnel in Indonesia, and in a Drilling Evaluation and Exploration Review of Sabalan Geothermal Prospect for the Renewable Energy Organization of Iran (SUNA)
LaGeo/Perforada Sta Barbara from El Salvador, partner to Enhanced Geothermal Innovative Network in Europe (ENGINE)
Bismarck Energy Ltd. from Papua New Guinea and the consortium of ISTAK and IPC in Iceland
Biliran Geothermal Incorporated, PRC-Magma Energy for Buguias-Tinoc and Mabini-Sadanga Prospects in Northern Luzon, Philippines
Constellation Energy for the Montelago Geothermal Prospect
Cleanrock Renewable Energy Resources Corp. for Natib and Daklan Geothermal Prospects
Filtech Energy Drilling Corporation (FEDCO) was organized in 2005 as an energy company based in the Philippines to cater to the consultancy and development needs of the expanding market in the worldwide geothermal industry.
FEDCO will explore, drill, develop, exploit and manage geothermal resources for its clients and partners utilizing its vast and multifaceted experience honed from the Philippines and abroad. The company’s founding directors 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 covering exploration, drilling, resource management and operations. At the helm of their stewardship of PNOC-EDC, 11 rigs simultaneously operated on various locations in the Philippines, drilling up to 44 wells in a year to depths of >3000 meters. They had been involved in the drilling of more than 500 geothermal wells in the country, mostly from PNOC-EDC and Chevron Geothermal Philippines.
FEDCO has a pool of specialists in earth sciences (geologists, geophysicists, geochemists), engineering (well testing, reservoir, drilling, production, process design, mechanical, civil and structural) and financial analysts.
Most of the technical personnel have advanced degrees in engineering and sciences with an average geothermal experience of 15 years. It has a pool of experienced drilling personnel from Roughneck to Rig Manager, who has extensive local and oversees experience in offshore and onshore drilling.