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Total: positive appraisal of the A6 block discovery in Myanmar

Successful appraisal of the A6 block Shwe Yee Htun-2 discovery, offshore Myanmar, completing a major step towards confirming a commercial project.

Total: positive appraisal of the A6 block discovery in Myanmar Total: positive appraisal of the A6 block discovery in Myanmar

Naypyidaw, September 24 - Neftegaz.RU. Successful appraisal of the A6 block Shwe Yee Htun-2 discovery, offshore Myanmar, completing a major step towards confirming a commercial project.

Total reported this on September 24, 2018.

 

The well was drilled to a final depth of 4,820 meters and encountered 40 meters of net gas pay in a high quality reservoir.

Preliminary tests confirm good reservoir quality, permeability and well production deliverability.

The Shwe Yee Htun-2 adds to the Shwe Yee Htun-1 (2016) and Pyi Thit-1 (2017) gas discoveries made earlier on the Block. The cumulated resources are evaluated in the range of 2 to 3 Tcf. 

 

Total holds a 40% interest in A6 block, alongside Woodside Energy Ltd (40%, technical joint operator for exploration and appraisal operations) and MPRL E&P Pte Ltd (20%, joint operator).

As per joint venture agreements, Total is to take over operatorship in the development phase.

 

Total E&P Myanmar (TEPM) is the operator (31,2%) of the M5 and M6 blocks on the Yadana offshore gas field, on stream since 1998.

The production from M5 and M6 blocks currently supplies half of Myanmar’s gas consumption and around 12% of gas consumed by neighboring Thailand.

In 2017, TEPM has started up production from the Badamyar project, which enables an extension of the Yadana gas field’s production plateau beyond 2020.

 

To read this news in Russian.

 

Source : Neftegaz.RU