Woodside makes third Myanmar gas discovery

Woodside has made its third gas discovery offshore Myanmar. The Pyi Thit-1 exploration well in Block A-6 in the Southern Rakhine Basin intersected a 65m gross gas column.

A 36m net gas pay interval was interpreted within the primary target sandstone reservoir.

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 4 January 2016, and the Thalin-1A well in Block AD-7, announced on 12 February 2016.

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 10 June and drilled to a total depth of 4570m. 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 performed across a 29m section of the reservoir and flowed at ~50 MMscf/d on a 44/64in choke over 44 hours with strong reservoir pressure support.

Woodside Energy 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.

Image: Peter Coleman, Woodside.

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