Commercial gas production will commence at the A6 block Shwe Yee Htun-2 discovery, offshore Myanmar, in 2023. The development comes after the MOEE on September 22, 2019 said gas could be produced at Shwe Yee Htun-2 well. Further drilling has shown gas extraction at depth of 2,325 meters possible at the well at block A6, about 100 km away from Pathein in Ayeyarwady Region.
MPRL E & P Company will undertake production activities at the first-ever commercial offshore oil and gas production project once it is approved. A total of five wells have been drilled at block A-6 since 40 meters of net gas pay was first discovered at a depth of 4,820 meters at the Shwe Yee Htun-2 in 2018. Gas has been found in all five subsequent wells.
MPRL E & P holds a 20 percent stake in block A6, while Woodside Energy from Australia and French energy giant Total hold stakes of 40pc each. Under an existing agreement, Total is to take over operations at the block during the development phase. The State will receive 25pc of all gas produced from Shwe Yee Htun-2. The Shwe Yee Htun-2 discovery adds to the Shwe Yee Htun-1 and Pyi Thit-1 gas discoveries made in 2016 and 2017, respectively, at the block.
Source: Myanmar Times