Woodside in Myanmar gas find

Myanmar
Woodside Energy announced on Monday that it had struck gas offshore Myanmar, the company’s third find in the area since early 2016.

The Pyi Thit-1 exploration well in Block A-6, drilled to a depth of 4,570 metres, encountered gross gas deposits of about 65 metres, the company said in a press release.

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

Woodside holds a 40% interest in Block A-6 and Total has a 40% stake, with Myanmar-based MPRL E&P owning the rest.

The find follows a January 2016 discovery in the Yee Htun-1 exploration well in the same block and a February 2016 find in the Thalin-1A well in Block AD-7.

Recent Posts

TotalEnergies, ConocoPhillips reach first oil at Norway project

TotalEnergies and ConocoPhillips have reached first oil production at the North Sea's USD 1 Read More

4 hours ago

Equinor takes 45% stake in lithium projects in Arkansas, Texas

Equinor has acquired a 45% stake in two lithium project companies in the USA from Standard Lithium, the Norwegian energy… Read More

10 hours ago

Seadrill wins $118-million drillship commitments

Seadrill has been awarded two drillship contracts in South Korea and the US Gulf of Mexico worth a total value… Read More

16 hours ago

Namibia gets $138.5-million boost for renewables vision

The World Bank has granted Namibia a $138 Read More

1 day ago

PetroVietnam’s exploration arm announces oil finds

PetroVietnam exploration arm PVEP has announced two oil finds with combined initial reserves of 100 Read More

1 day ago

Mozambique’s Coral Sul FLNG passes performance test

Air Products’s LNG liquefaction equipment deployed on Coral Sul FLNG in Mozambique has successfully passed its performance test, Air Products… Read More

2 days ago

This website uses cookies.