Woodside in gas discovery offshore Myanmar

Australia’s Woodside has found more gas offshore Myanmar after its Pyi Thit-1 exploration well in Block A-6 in the Southern Rakhine Basin struck a gross gas column of approximately 65 meters.

A net gas pay interval of approximately 36 meters has been interpreted within the primary target sandstone reservoir.

Woodside CEO Peter Coleman said the Pyi Thit-1 discovery was another success in an underexplored region.

“This result builds on our understanding of the potential resources in the Southern Rakhine Basin and will further inform our consideration of development options,” he said.

The Pyi Thit-1 well was spudded on June 10 and drilled to a total depth of 4,570 metres. Following drilling, wireline logging was conducted and confirmed the presence of a gas column through pressure measurements and gas sampling.

A drill stem test was subsequently performed across a 29-meter section of the reservoir and flowed at~50 mmscf/d on a 44/64” choke over 44 hours with strong reservoir pressure support. The gas discovery at Pyi Thit-1 follows previous finds made by Woodside at the Shwe Yee Htun-1 well in Block A-6, announced on January 4, 2016, and the Thalin-1A well in Block AD-7, announced on February 12, 2016.

Woodside Energy (Myanmar) Pte Ltd holds a 40% stake in Block A-6 and is the joint operator of the block and operator of the Pyi Thit-1 well. MPRL E&P Pte Ltd, with a 20% interest, is joint operator of Block A-6. Total E&P Myanmar holds the remaining 40% interest in the block.

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