Woodside stepping up exploration program offshore Myanmar

Woodside stepping up exploration program offshore Myanmar

Woodside Petroleum Ltd., Perth, plans to drill five wells offshore Myanmar
in 2017, one more than originally scheduled, following encouraging results
in 2016.

Interpretation of seismic data has indicated what the company calls "an
additional low-cost exploration target with upside" on Block A-6.

This block already contains the Shwe Yee Htun-1 discovery where Woodside
found 32 m of net gas pay in January 2016. Woodside is operator for local
firm MPRL E&P Pte. Ltd. and France's Total SA-a combine that Woodside
entered into in December 2012.

The company has also participated in a successful well on Block AD-7 called
Tha lim-1A-operated by South Korea's Daewoo International-that encountering
62 m of net gas pay.

The Thalin-1B appraisal was drilled earlier this year as a reentry and
side-track of Thalin-1A and recovered 99 m of core and wireline logs across
the objective reservoir interval.

Initial multirate drillstem test results from the lower reservoir section in
this well provided sustained flow rates of 50 MMcfd of gas during a 50-hr
period through a 48/64-in. choke. The result indicates a good-quality
reservoir.

Preparations are now being made to test the upper reservoir in Thalin-1B.

The rig will then be moved to drill the Thalin-2 appraisal well followed by
two exploration wells-one on Block A-6 and another on Block AD-7.

Woodside has interests in six large offshore permits in Myanmar covering a
total of 46,000 sq km.

Myanmar was opened up for exploration following the political reforms of
2011 and subsequent lifting of European Union and US sanctions, enabling
international companies to reenter the region.

Drilling programs began in 2014. The country is estimated to contain 3.2
billion bbl of oil and 18 tcf of gas with potential for vastly greater
amounts, thus attracting most of the world's major players.

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Link to Original Article:
http://www.ogj.com/articles/2017/04/woodside-stepping-up-exploration-program
-offshore-myanmar.html?cmpid=enl_ogj_ogjdailyupdate_2017-04-25&email_address
=johndiecker@gmail.com&eid=287675795&bid=1735795

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com