Woodside to drill at least four wells off Myanmar in 2017

Australian energy company Woodside is gearing up for an aggressive drilling campaign offshore Myanmar.

Namely, the company is moving to accelerate commerciality of its recent gas discoveries made off the shores of Myanmar.

Woodside has discovered 32 meters of net gas pay in the Myanmar Block A-6 Shwe Yee Htun-1 exploration well and 62 meters net gas pay in the Block AD-7 Thalin-1A exploration well. The discoveries increased Woodside’s contingent resource (2C) by 83 MMboe.

The company then acquired more than 31,500 km2 high quality 3D seismic data in Myanmar, to boost its portfolio of drillable prospects.

According to Woodside’s first half 2016 report released on Friday, at least four wells will be drilled in the four licenses Woodside holds ownership in.

“Processing of the new seismic data is continuing. Seabed coring operations in Blocks A-7 and A-4 were also completed. The high quality seismic data supports our strategy to grow and build a portfolio of material multi-Tcf drillable prospects,” Woodside said.

The company has progressed planning for a 2017 exploration and appraisal drilling program, to speed up options for commercialisation of the gas discoveries.

“Analysis of the exploratory well data confirms the development potential of both discoveries. Planning continues for a minimum of two firm appraisal and two firm exploration wells in 2017,” Woodside said.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply