Was drilled to depths of 4,570 meters on July 15. A 63-meter column of gas was discovered at 3,542 meters.
Following a drill stem test performed across a 29 meter section of the column, gas was found to flow at 50 million cubic feet per day.
A press statement was made after Union Minister for Electricity and Energy and Construction U Win Khaing and Ayeyarwady Chief Minister U Mahn Johnny visited the Pyi Thit-1 well.
The discovery at Pyi Thit-1 comes after two other gas discoveries were made at Block A-6.
The first well, Pyi Thar-1, was drilled in March 2012 in water depths of 200 meters. The second well, Shwe Yee Htun-1, was drilled in 2015 across a 5 km surface area and in water depths of 2,034 meters. Up until the drilling of Pyi Thit-1, Shwe Yee Htun-1was the deepest well ever drilled in Myanmar waters.
“This is the third successful well drilled in Rakhine Offshore Block A-6. It may boost the supply of much-needed natural gas for the nation,” said MPRL E&P CEO U Moe Myint. He added that the Pyi Thit-1 discovery could lead to even more undiscovered gas reserves in Myanmar’s waters.
MPRL E&P, an independent oil and gas exploration and production (E&P) company focusing on upstream E&P projects in Myanmar, is a joint operator of Block A-6. It has a 20 per cent stake in the block under a Production Sharing Contract with the Myanma Oil and Gas Enterprise in 2007.
Australia’s Woodside Energy (Myanmar) Pte Ltd holds a 40 pc stake in Block A-6 and is the joint operator of the block and operator of the Pyi Thit-1 well. The remaining 40 pc is held by French national oil company Total E&P Myanmar.
After conducting a plug-and-abandon operation at the Pyi Thit-1 appraisal well, the Transocean drillship Dhirubhai Deepwater KG2 will be moved to another location in Block A-6, where it will drill a fourth exploratory well, the Pyi Thar Yar-1, this month, according to MPRL E&P.
Following the recent gas discovery, more exploratory and appraisal wells will be drilled in Block A-6. Once the gas reserves have proven to be commercially productive, drilling of development wells will commence, The Myanmar Times understands.