Myanmar: MPRL finds gas through Shwe Yee Htun -1 well, offshore A-6

British Virgin Islands- registered MPRL E&P company announced a discovery of gas in Shwe Yee Htun – 1 well in block A-6 where MPRL and Australia’s Woodside is operating the offshore ground.

The approximate gas column is 129 meters and 15 meter of net gas pay at a depth of 17,408 feet. The offshore block A-6 is located at the southern Rakhine basin which has had production sharing contract and exploration with the Myanma Oil and Gas Enterprise since 2007.

“I am very pleased and proud that MPRL E&P as a company with limited resources under a difficult business environment succeeded first to unravel a new petroleum play in a frontier basin, then to interest international oil companies in our effort and finally to contribute to bring the project to what could be a world-class play. MPRL E&P is now looking forward to further evaluating this discovery with the help of Woodside and Total, with the aim to prove commerciality of the discovery for the mutual benefit of all stakeholders, including fist and foremost the people of Myanmar,” said U Moe Myint, CEO of MPRL.

The presence of 20 feet of net gas was confirmed in 2012 when MPRL drilled Pyi Thar-1 in 691 feet water depth. In 2013, Woodside E&P farmed into the block as a joint operator and Total E&P Myanmar again in 2015.

Both Woodside and Total holds 40 per cent interests while MPRL E&P operates the government liaison of the block with 20 per cent.

The found of gas was confirmed through pressure measurements and gas sampling. “Evaluation of the data is still ongoing,” MPRL announced.

“This exploration well was spudded on 27 November 2015 and will now be abandoned as planned.”

MPRL is currently operating Mann Field, IOR 4 and IOR 6 which are onshore blocks and A6 which is an offshore field.

Other non-operated joint venture works that involve MPRL include British multinational oil and gas company, BG Group operator of offshore block A-4 and Woodside Energy, operator of A-7. MPRL is also partnering with Italy’s ENI for onshore block RSF-5 and PSC-K.