Woodside makes third gas discovery in Southern Rakhine Basin, offshore Myanmar
Australian oil and gas company Woodside’s Pyi Thit-1 exploration well drilled in Block A-6 in the Southern Rakhine Basin has intersected a gross gas column of approximately 65m.
The latest development marks the company’s third gas discovery offshore Myanmar.
A net gas pay interval of nearly 36m has also been interpreted within the primary target sandstone reservoir.
Woodside CEO Peter Coleman said: “This result builds on our understanding of the potential resources in the Southern Rakhine Basin and will further inform our consideration of development options.”
The Woodside-operated Pyi Thit-1 well was drilled to a total depth of 4,570m, following which the company conducted wireline logging and confirmed the presence of a gas column by taking pressure measurements and gas sampling.
A drill stem test was carried out across a 29m section of the reservoir and flowed at nearly 50mmscfd on a 44in / 64in choke for 44 hours indicating strong reservoir pressure support.
Woodside Energy (Myanmar) owns 40% stake in Block A-6 and is its joint operator.
MPRL E&P is also the joint operator of Block A-6 with a 20% interest and the remaining 40% interest is held by Total E&P Myanmar.
The latest gas discovery at Pyi Thit-1 follows two previous discoveries made by Woodside last year.
The Shwe Yee Htun-1 well also located in Block A-6 was announced on 4 January, while the Thalin-1A well situated in Block AD-7 was announced on 12 February last year.