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Another Myanmar Gas Find for Daewoo, Woodside

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BurmeseNews

BurmeseNews

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Daewoo International and Australia-based Woodside Energy have made a second gas discovery in the Bay of Bengal, offshore Myanmar’s west coast of Myanmar.
 
The discovery comes after another gas column was confirmed in the same area in early January.
 
Daewoo International is the operator of Thalin-1A exploration well in Block AD-7 and holds a 60 percent stake. Woodside holds the remaining stake.
 
The two companies announced that they had intersected a gross gas column of approximately 210 feet (64 meters) while drilling the Thalin-1A well at a water depth of 2,743 feet and a total depth of 9,954 feet.
 
Myanmar produces 2 billion cubic feet of gas per day, primarily from four offshore projects: Yadana, Shwe, Zawtika and Yetagun. Of this, it exports some 1.6 billion cubic feet per day, or 80 percent, to Thailand and China.
 
As of the end of 2014, Myanmar had 300 billion cubic meters of proven natural gas reserves.
 






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