Appraisal effectively Shwe Yee Htun-2 has been efficiently drilled with formation analysis outcomes indicating a gasoline column and web pay thickness that considerably exceeds prior expectations, in response to MRPL E&P.

The home oil and gasoline agency stated this equates to a observe report amounting to 100-percent success with 5 gasoline discoveries achieved in 5 wells drilled in Myanmar offshore Block A-6.

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The Shwe Yee Htun-2, an appraisal effectively in offshore block A-6, was examined to have the ability to produce pure gasoline, in response to an official announcement from the Ministry of Electricity and Energy on September 22.

The effectively positioned at about 102 kilometres northwest of Pathein, Ayeyarwady Region, was spudded-in on July 20, 2018 by Dhriubhai Deep Water KG2 (DDKG2) rig.

It reached reached a complete depth of 15,912 toes (four,850 metres) in water depth of seven,628 toes (2,325 metres). The minimal whole gross gasoline column based mostly on wireline stress knowledge from each wells is now estimated to be roughly 787 toes (240 metres). Wireline formation analysis additionally signifies that Shwe Yee Htun-2 encountered 131 toes (40 metres) of web gasoline pay.

This discovery confirmed a gasoline reservoir which is bigger than anticipated, the corporate stated. MRPL E&P is its Production Sharing Contract (PSC) operator.

As of September 22, drill stem take a look at outcomes point out Shwe Yee Htun-2 attaining a circulate charge of 50 million commonplace cubic toes per day of gasoline restricted by testing tools via a 40/64 choke. The effectively is now being plugged and deserted as deliberate.

“This discovery makes a really nice potential to go to commerciality. We should focus on with JV companies and MOGE. It is extraordinarily promising to go from business discovery to improvement. No new drilling might be made throughout this yr. It is probably going within the coming years. To keep on to improvement stage, negotiations should made with each MOGE and JV companies,” U Tint Swe, MPRL E&P’s govt director, instructed The Myanmar Times.

At this offshore Block A-6, exploring works have been collectively finished between the businesses – MPRL E&P, a Myanmar firm that has 20 % stake; Woodside Energy, an Australian firm that has 40 % stake; and French Total that has 40 % stake.

“Our back-to-back ultra-deep water drilling campaigns in Block A-6 reinforces MPRL E&P’s dedication in the direction of unlocking the power sources essential to drive additional progress in Myanmar; power sources which might be obligatory to satisfy the quickly rising power demand not solely in our nation but in addition within the Asia Pacific area,” stated CEO U Moe Myint.

Among the offshore oil and gasoline exploration initiatives, Yadana, Shwe, Zawtika and Yetagun at the moment are in progress. From these fields, an extra two new potential blocks have been found, in response to state-owned Myanma Oil and Gas Enterprise.

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The ministry will invite worldwide tenders for as much as 31 oil and gasoline exploration fields in early subsequent yr.

Source: www.mmtimes.com

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