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Quotation Estimate Petroleum Engineer in Philippines Manila –Free Word Template Download with AI

GeoTech Petroleum Solutions Inc.

128th Floor, One World Center, Ayala Avenue, Makati City, Philippines Manila

Tel: +63 (2) 8888-4521 | Email: [email protected]

SEC Registration No. 2019-045678 | BIR TIN: 000-123-456-789

Quotation No.: QTE-2025-0784 Date Issued: June 15, 2025 Valid Until: July 15, 2025 Project Location: Philippines Manila
Client Name: Philippine National Energy Corporation (PNEC)
Address: Energy Center, 1001 Rizal Avenue, Intramuros, Philippines Manila
Contact Person: Engr. Maria Santos, Director of Operations
Email: [email protected]

This Quotation Estimate is prepared in response to the formal request from Philippine National Energy Corporation for the engagement of a senior Petroleum Engineer to provide comprehensive technical advisory services for the exploration and production operations currently underway in the Philippines Manila metropolitan area and surrounding offshore blocks. The Petroleum Engineer shall deliver a full suite of subsurface evaluation, reservoir characterization, and production optimization services tailored to the unique geological conditions of the Philippines Manila region.

The scope encompasses wellbore integrity assessment, reservoir modeling, production forecasting, and regulatory compliance review in accordance with the Philippine Department of Energy (DOE) and the Philippine Oil and Gas Exploration Committee (POGEC) standards. All deliverables under this Quotation Estimate are designed to support the client's strategic energy development plans within the Philippines Manila jurisdiction.

Item No. Description of Service Duration Unit Rate (PHP) Amount (PHP)
01 Senior Petroleum Engineer – On-site Consultation & Site Assessment (Philippines Manila) 10 days ₱85,000.00 ₱850,000.00
02 Reservoir Characterization & 3D Modeling (Petroleum Engineer Technical Report) 15 days ₱65,000.00 ₱975,000.00
03 Wellbore Integrity Analysis & Completion Optimization 7 days ₱72,000.00 ₱504,000.00
04 Production Forecasting & Decline Curve Analysis (Petroleum Engineer Deliverable) 10 days ₱58,000.00 ₱580,000.00
05 Regulatory Compliance Review – DOE & POGEC Filing (Philippines Manila Jurisdiction) 5 days ₱45,000.00 ₱225,000.00
06 Travel, Accommodation & Local Transportation within Philippines Manila 37 days ₱12,000.00 ₱444,000.00
07 Technical Documentation, Report Printing & Digital Delivery 5 days ₱15,000.00 ₱75,000.00
08 Project Management & Coordination (Petroleum Engineer Team Lead) 37 days ₱25,000.00 ₱925,000.00
Subtotal: ₱4,578,000.00
VAT (12%): ₱549,360.00
TOTAL AMOUNT DUE: ₱5,127,360.00
  • This Quotation Estimate is valid for thirty (30) calendar days from the date of issuance. Any acceptance beyond this period may be subject to revised pricing due to market fluctuations in the Philippines Manila engineering services sector.
  • Payment terms: 40% advance payment upon signing of the Service Agreement, 40% upon completion of the mid-project milestone (reservoir modeling delivery), and 20% upon final acceptance of all Petroleum Engineer deliverables.
  • All payments shall be made in Philippine Pesos (PHP) via bank transfer to the account designated by GeoTech Petroleum Solutions Inc. in the Philippines Manila banking system.
  • The Petroleum Engineer assigned to this project shall hold a valid PRC (Professional Regulation Commission) license and shall comply with all Philippine labor and professional engineering standards.
  • Any changes to the scope of work beyond the parameters outlined in this Quotation Estimate shall require a written Change Order signed by both parties before additional work commences.
  • Confidentiality: All data, well logs, seismic interpretations, and proprietary information shared during the engagement in the Philippines Manila area shall be treated as strictly confidential and shall not be disclosed to third parties without written consent.
  • Force Majeure: Neither party shall be liable for delays caused by natural disasters, government-mandated closures, or other events beyond reasonable control, particularly those affecting operations in the Philippines Manila region.
  • This Quotation Estimate does not constitute a binding contract until a formal Service Agreement is executed by both parties.

Upon completion of all services outlined in this Quotation Estimate, the Petroleum Engineer team shall deliver the following to the client at the designated Philippines Manila office location:

  • Comprehensive Reservoir Characterization Report (hard copy x3, digital PDF)
  • 3D Reservoir Model with Production Forecast (10-year horizon)
  • Wellbore Integrity Assessment & Completion Recommendation Memo
  • DOE/POGEC Regulatory Compliance Certification Package
  • Final Project Summary Presentation for client executive review

By signing below, the client acknowledges receipt of this Quotation Estimate and agrees to the terms, conditions, and pricing outlined herein for the engagement of the Petroleum Engineer services in the Philippines Manila area.

For GeoTech Petroleum Solutions Inc.
Engr. Ricardo Dela Cruz, P.E.
Lead Petroleum Engineer
Date: _______________
For Philippine National Energy Corporation
Engr. Maria Santos
Director of Operations
Date: _______________

This Quotation Estimate (QTE-2025-0784) was prepared by GeoTech Petroleum Solutions Inc. for Petroleum Engineer services in the Philippines Manila area.

Document generated on June 15, 2025 | Page 1 of 1 | Confidential – For Client Use Only

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