Mya North gas flowing offshore Myanmar

Daewoo International Corp. reported the start of production at Mya North natural gas field, part of the Shwe gas project offshore Myanmar (OGJ Online, Jan. 22, 2007).

The company said Mya North, where four production were drilled a year ago, is producing 120 MMscfd.

By yearend 2014, drilling of production wells will be complete in the Shwe complex, Daewoo said. Production then will be an estimated 500 MMscfd.

China National Petroleum Corp. buys the gas for use in Myanmar and carries it through subsea and onshore pipelines.

The company estimates reserves in Shwe, Shwe Phyu, and Mya fields at 4.3 tcf of gas.

Daewoo holds a 51% interest in the project. Other interests are India’s Oil & Natural Gas Corp., 17%; Myanmar Oil & Gas Enterprise, 15%; and GAIL (India) Ltd. and Korea Gas Corp., 8.5% each.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...