French oil company Total has started up production from the Badamyar project, located offshore 220 kilometers south of Yangon in the Republic of the Union of Myanmar.
The project will enable an extension of the Yadana gas field’s 8 billion cubic meters per year production plateau beyond 2020, Total said on Tuesday.
“Completed on schedule and with costs 20% below budget, this second start-up by Total in 2017 demonstrates our capacity to effectively implement cost reduction programs,” said Arnaud Breuillac, President, Exploration & Production at Total.
“This project underscores Total’s commitment to develop gas projects to provide Myanmar and Thaïland with affordable, reliable and clean energy to support the countries’ economic growth over the coming years.”
The Badamyar project involves the installation of a new wellhead platform connected to the Yadana production facilities, and the drilling of 4 horizontal wells to develop Badamyar gas field as a satellite of Yadana. The project also includes a new compression platform. It was launched in mid 2014.
Total is the operator of the project with a 31.2% interest. Its partners are Chevron-Unocal (28.3%), PTTEP (25.5%) and the national company MOGE (15%).